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 spot Bitcoin ETFs attracted $232.1 million in net inflows on Wednesday, marking a slowdown from the previous day's $314.4 million inflow and the smallest daily total since August 18. This eight-day streak has accumulated $2.8 billion in inflows, reducing year-to-date net outflows to approximately $2.03 billion. Cumulative net inflows now stand at $54.6 billion, with total net assets reaching $98.6 billion.
Despite Bitcoin's price stagnation after briefly surpass $80,000, crypto market sentiment improved on Thursday, with the Crypto Fear & Greed Index rising to 71 from 65 the prior day, staying in "Greed" territory. Additionally, US spot Ether ETFs recorded their eighth consecutive day of inflows, gathering $192.4 million, while US-listed spot XRP ETFs recorded their biggest daily inflow since January 5, with $28.1 million in net inflows.
Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
