Market briefing: Spot Bitcoin ETFs took $17 million in net inflows, a fourth straight day, while spot Ethereum ETFs bled $105 million. BTC was near $78,194 and down over 2% as we spoke. Spot Bitcoin ETFs...
Summary
- Market briefing: Spot Bitcoin ETFs took $17 million in net inflows, a fourth straight day, while spot Ethereum ETFs bled $105 million.
- Spot Bitcoin ETFs logged $17.07M net inflows, a fourth straight day Spot Ethereum ETFs saw $105M in net outflows on the same session BTC traded near $78,194 and still fell over 2% despite the inflow Spot Bitcoin ETF inflows hit a fourth straight day, yet the number is tiny and ETH lost six times as much.
- That makes four consecutive days of positive flow, which sounds like a clean institutional vote of confidence.
- On the same session, spot Ethereum ETFs shed $105 million in net outflows, roughly six times the amount that entered the Bitcoin funds.
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