Crypto ETF News Today: Bitcoin Inflow Hold as Altcoins Bleed on PPI
BTC when published $82,363Now $80,595 ▼ −2.15% since it was published
Crypto prices turned green today, but spot crypto ETF news today tells a rougher story underneath that gain. A hotter than expected US inflation reading hit investor nerves hard, and spot Bitcoin, Ethereum, XRP and Solana ETFs are all wearing the damage differently. Bitcoin barely held its inflow streak alive. Ethereum, XRP and Solana funds did not. If you follow crypto news today, this is the one data set your portfolio actually needs to see. Here’s the odd part. According to CoinGecko data, the global crypto market cap stands at $2.86 trillion today, up 1.0% over the last 24 hours, on $98.1 billion in trading volume. Bitcoin dominance sits at 57.8% and Ethereum dominance at 10.5%. So why are ETFs bleeding while prices sit green? Blame inflation.
First reported by CoinGabbar. This page is a short excerpt; the full text is theirs.
