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Bitcoin ETF inflows climb to $176M as BTC rebounds above $80K

Bitcoin ETF inflows climb to $176M as BTC rebounds above $80K
Photo: Cointelegraph

BTC when published $80,755Now $81,276 ▲ +0.64% since it was published

US spot Bitcoin ETFs drew $286 million over two days, narrowing October’s net outflows to $26 million as the Crypto Fear & Greed Index remained neutral. US-listed spot Bitcoin exchange-traded funds (ETFs) attracted about $176 million in net inflows on Tuesday, extending their recovery to a second consecutive trading day. The inflows rose from $110 million on Monday, bringing the two-day total to $286 million, according to SoSoValue data. The rebound followed nearly $774 million in withdrawals on Thursday and Friday. October net outflows narrowed to about $26 million through Tuesday, while year-to-date net inflows stood at roughly $850 million. Market sentiment also edged higher. Alternative.me’s Crypto Fear & Greed Index rose to 51 from 48 the previous day, remaining in “Neutral” territory.

First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.

Read the full story at Cointelegraph (opens in a new tab)

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