Bitcoin ETFs break 8-week outflow streak with $197M inflows, while Ethereum ETFs also see gains.
U.S. spot Bitcoin ETFs ended an eight-week streak of outflows with $197 million in net inflows from July 6 to 10, led by BlackRock's IBIT. Despite fluctuations, Bitcoin's price remained volatile around $62,758.75. Ethereum spot ETFs also reversed outflows with $84.42 million inflows, while XRP ETFs saw outflows. This shift suggests renewed investor interest in crypto ETFs, though price movements remain uncertain in their impact on flows.
U.S. spot Bitcoin ETFs ended an eight-week streak of outflows with $197 million in net inflows from July 6 to 10, led by BlackRock's IBIT. Despite fluctuations, Bitcoin's price remained volatile around $62,758.75. Ethereum spot ETFs also reversed outflows with $84.42 million inflows, while XRP ETFs saw outflows. This shift suggests renewed investor interest in crypto ETFs, though price movements remain uncertain in their impact on flows.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
