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US spot Bitcoin ETFs see $32.1M inflows after four-session outflow streak
Bitcoin funds returned to net inflows on Wednesday, while spot Ether ETFs logged $18.65M in outflows.
US-listed spot Bitcoin exchange-traded funds returned to net inflows on Wednesday, pulling in $32.1 million and ending a four-session outflow streak, according to data cited by Cointelegraph.
Cointelegraph reports that the shift came even as Bitcoin dipped during US trading hours to around $63,300, with Bitcoin at $63,990 at the time of publication, down 0.2% over 24 hours and 2.5% over seven days.
While Bitcoin ETFs recovered, US spot Ether ETFs recorded net outflows of $18.65 million on Wednesday. Cointelegraph said spot Ether ETFs still pulled in $342.9 million in net inflows so far this month.
Cointelegraph added that US spot Bitcoin ETFs have seen net outflows of $29.29 million so far this week, with monthly net inflows of $204.7 million and cumulative net inflows across the funds of $51.36 billion. It also noted the Crypto Fear and Greed Index remained in a “fear” reading, with a score of 28 on Thursday.
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