Bitcoin and ether ETFs see $282M inflow, ending eight weeks of outflows
Bitcoin and ether spot ETFs attracted a combined $282 million inflow during July 7-11, halting an eight-week streak of outflows that saw $9.46 billion leave these products. This inflow signals a potential stabilization in institutional interest after a period of risk-off sentiment in markets. Fidelity and BlackRock ETFs led the inflows, but the recovery is modest compared to the prior outflows. Investors should watch if this inflow trend continues or if it is a short-term rebound.
Bitcoin and ether spot ETFs attracted a combined $282 million inflow during July 7-11, halting an eight-week streak of outflows that saw $9.46 billion leave these products. This inflow signals a potential stabilization in institutional interest after a period of risk-off sentiment in markets. Fidelity and BlackRock ETFs led the inflows, but the recovery is modest compared to the prior outflows. Investors should watch if this inflow trend continues or if it is a short-term rebound.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
