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Cointelegraph

Bitcoin ETF inflows slow to $232M as BTC holds under $80K

US spot Bitcoin ETF inflows slowed to $232.1 million as an eight-day streak reached $2.8 billion, while XRP funds posted their biggest inflow since Jan. 5.US-listed spot Bitcoin exchange-traded funds (ETFs) drew $232.1 million in net inflows on Wednesday, slowing from the previous day while extending their inflow streak to eight trading days.The latest inflow was down about 26% from Tuesday’s…

Photo: Cointelegraph

US spot Bitcoin ETF inflows slowed to $232.1 million as an eight-day streak reached $2.8 billion, while XRP funds posted their biggest inflow since Jan. 5.US-listed spot Bitcoin exchange-traded funds (ETFs) drew $232.1 million in net inflows on Wednesday, slowing from the previous day while extending their inflow streak to eight trading days.

The latest inflow was down about 26% from Tuesday’s $314.4 million and marked the smallest daily total since Aug. 18, according to SoSoValue data.

The eight-session streak has attracted about $2.8 billion, cutting year-to-date net outflows to about $2.03 billion. Cumulative net inflows rose to $54.6 billion, while total net assets reached $98.6 billion.

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Originally published by Cointelegraph. Read the full story at the source →

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