Bitcoin, ether ETFs snap eight-week outflow streaks with $282 million combined inflow
The Block·
60-second summary
Bitcoin and ether ETFs experience a combined $282 million inflow, snapping an eight-week outflow streak. This week's rebound recovers only about 3% of the preceding eight weeks' $9.46 billion outflows. The modest inflow suggests investors are cautiously returning to the market, but the recovery remains a drop in the bucket compared to the massive outflows.
The preceding eight weeks drained a combined $9.46 billion from the two groups, meaning this week’s rebound recovered only about 3% of those outflows.