Bitcoin ETFs Draw $5M as Ether Funds Shed $60M
Edited by Steinar Vigdel Kolnes, Editor, Oslo
U.S. bitcoin ETFs recorded $5.06 million in net inflows on Thursday, while ether funds lost roughly $60 million, according to Bitcoin.com News.
U.S. bitcoin exchange-traded funds posted a modest $5.06 million net inflow on Thursday, marking a small positive result amid volatile institutional flows, Bitcoin.com News reported.
BlackRock’s bitcoin ETF attracted about $17 million. The broader category’s smaller net gain indicated that weakness elsewhere offset much of that inflow.
Ether funds recorded roughly $60 million in outflows as withdrawals continued. Selling also increased across funds tied to solana, HYPE and zcash.
Source: Bitcoin.com News
