Bitcoin and Ethereum ETFs Spark $200M Inflow Rebound
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Bitcoin quoted funds raised USD $175.62 million on Tuesday, while ETFs re-registered entries after ten retreat sessions. Solana and Zcash, on the other hand, continued with exits.
Ethereum ETFs have seen renewed inflows after a ten-day period of outflows. This turnaround in fund demand is offsetting only a small portion of the losses in recent weeks. For a stronger recovery in Ethereum, short-term resistance levels need to be overcome.
Fidelity, Blackrock Lead $176M Bitcoin ETF Rebound
U.S. crypto ETF flows improved sharply on Tuesday as bitcoin funds attracted $175.62 million and ether snapped a 10-session losing streak with $24.84 million in inflows. Fidelity Pulls in $103M as Bitcoin ETFs Flip Back to Inflows Institutional buyers returned with more conviction on Tuesday, but they were selective about where they put money. Bitcoin […]
Bitcoin and Ethereum ETFs Spark $200M Inflow Rebound
TL;DR ETF Rebound: Bitcoin and Ethereum ETFs recorded a combined $200.5 million in net inflows on Oct. 13, returning both categories to positive territory. Bitcoin Demand: Bitcoin ETFs attracted $175.7 million, led by Fidelity’s FBTC and BlackRock’s IBIT, reversing the previous session’s outflows. Ethereum Recovery: Ethereum ETFs brought in $24.8 million, ending a ten-day outflow ...
US Ethereum spot funds have finally broken their disastrous run of capital outflows. After ten sessions of...
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