Spot Bitcoin ETFs end six-day outflow streak with $219M inflows
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4 Articles
Market Recovers as Bitcoin, Ethereum See ETF Inflows
Bitcoin and Ethereum stabilised on Wednesday, after ETF inflows ended a six-day outflow streak. According to CoinSwitch, BTC funds saw $250 million in inflows, while Mudrex’s Edul Patel noted that ETH withdrawals into cold storage reduced sell pressure. Altcoins, including Solana, XRP, and Dogecoin, also gained. The US Commerce Department further lifted sentiment by…Bitcoin and Ethereum stabilised on Wednesday, after ETF inflows ended a six-day …
Fidelity And BlackRock Lead Bitcoin ETF Recovery After Week Of Mass Redemptions
Spot Bitcoin exchange-traded funds ended their longest outflow streak since launch on Monday, recording $219 million in net inflows after six consecutive days of investor withdrawals. According to Cointelegraph, the reversal came as Fidelity and BlackRock led institutional buying interest back into crypto investment products.The outflow period began August 15 and extended through Friday, with the largest single-day withdrawal reaching $523.31 mi…
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