Bitcoin ETF Net Inflows Top $1.7B as Assets Reach $111B
8 Articles
8 Articles
Bitcoin ETFs Add $1.7B In Two Days As BTC Breaks Higher
U.S. spot Bitcoin ETFs recorded $1.71 billion in net inflows across two sessions as Bitcoin climbed above $86,000. The surge extended a four-session inflow streak and pushed cumulative ETF inflows above $2.3 billion, highlighting stronger demand after a weaker period for crypto investment products.
Bitcoin ETFs Rake $1.7B in 2 Days After BTC Tops Holder Breakeven
TL;DR Inflows Surge: Bitcoin ETFs attracted more than $1.7 billion over two days, including $999 million on Monday and $714.7 million on Tuesday. Assets Rebound: Total net assets across Bitcoin ETFs climbed to about $111 billion, up 56% from the June low but still below the January peak. Breakeven Milestone: Bitcoin moving above the estimated ETF holder cost basis of $81,722 helped improve sentiment and supported continued inflows. Bitcoin ETFs…
Spectacular turnaround on Wall Street: Within 48 hours, 1.7 billion US dollars flowed into Bitcoin ETFs. The massive capital injection drives prices to the highest level in eight months. Source: BTC-ECHO BTC-ECHO
In just two days, BTC ETFs have seen $1.7 billion in inflows. However, Santimen warns that Bitcoin could fall.
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