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Spot Bitcoin ETF inflows slow to $232M as BTC stays below $80K

Inflows totaled $232.1 million on Wednesday, down about 26% from Tuesday’s $314.4 million, while the eight-day streak added roughly $2.8 billion.

Reported · Written up by our desk · Bitcoin

US-listed spot Bitcoin ETFs pulled in $232.1 million in net inflows on Wednesday, extending an eight-trading-day streak to about $2.8 billion, according to Cointelegraph citing SoSoValue data.

The daily figure was down roughly 26% from Tuesday’s $314.4 million and marked the smallest daily inflow since Aug. 18, leaving year-to-date net outflows at about $2.03 billion.

Cumulative net inflows for the funds rose to $54.6 billion, while total net assets reached $98.6 billion.

Cointelegraph also noted that Bitcoin stalled after briefly topping $80,000 on Tuesday, trading at about $78,759 at publication time, and that Ether spot ETFs recorded $192.4 million in net inflows on their eighth consecutive day. XRP spot ETFs saw $28.1 million in net inflows on Wednesday, their biggest daily inflow since Jan. 5, bringing cumulative net inflows to $1.62 billion.

Latest closeBitcoin $80,243.90 ▲1.5%|XRP $1.444 ▲1.5%

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