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Bitcoin Returns to Inflows With $159M as Zcash ETF Draws $46.6M

News.Bitcoin.com
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Bitcoin Returns to Inflows With $159M as Zcash ETF Draws $46.6M

U.S. bitcoin ETFs returned to inflows on Thursday with $159.45 million, led by a sharp rebound in Blackrock’s IBIT. Ether and XRP funds remained under pressure, while the recently launched Zcash ETF drew $46.56 million in fresh capital. Blackrock Drives Bitcoin Rebound Institutional demand returned to bitcoin on Thursday, offering some relief after a bruising […]

Key Takeaways

  1. bitcoin ETFs returned to inflows on Thursday with $159.45 million, led by a sharp rebound in Blackrock’s IBIT.
  2. Ether and XRP funds remained under pressure, while the recently launched Zcash ETF drew $46.56 million in fresh capital.
  3. Blackrock Drives Bitcoin Rebound Institutional demand returned to bitcoin on Thursday, offering some relief after a bruising […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.