Bitcoin ETFs Rebound With $69 Million Inflow as Ether Ends Losing Streak
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Bitcoin ETFs Rebound With $69 Million Inflow as Ether Ends Losing Streak
"Bitcoin ETFs posted a net inflow of $69.44 million, offering a modest but meaningful rebound after last week's heavy outflows, with Ark & 21Shares' ARKB leading the way."
"Ether ETFs delivered a notable shift, returning to positive territory with a $4.96 million net inflow after eight consecutive days of outflows, led by Fidelity's FETH."
"XRP ETFs recorded a $2.31 million outflow, driven primarily by Grayscale's GXRP, while Solana ETFs faced selling pressure with a $6.17 million outflow from Bitwise's BSOL."
"The divergence is becoming more defined, with Bitcoin and ether stabilizing in the short term, while smaller assets continue to see capital exit."
The market showed a cautious shift with Bitcoin ETFs experiencing a net inflow of $69.44 million, led by Ark & 21Shares' ARKB. Ether ETFs also returned to positive territory with a $4.96 million inflow after previous outflows. However, total net assets for Bitcoin ETFs declined to $85.47 billion. In contrast, XRP and Solana ETFs faced outflows of $2.31 million and $6.17 million, respectively. The divergence indicates a selective investor interest, with Bitcoin and ether stabilizing while smaller assets struggle.
Read at news.bitcoin.com
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