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Blackrock Pulls $122M Into Bitcoin ETFs as Ether Loses $202M

News.Bitcoin.com
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Blackrock Pulls $122M Into Bitcoin ETFs as Ether Loses $202M

U.S. bitcoin ETFs returned to positive territory Tuesday with $118.86 million in net inflows, led almost entirely by Blackrock’s IBIT. Ether funds suffered a sixth consecutive day of withdrawals, while XRP and HYPE attracted modest buying. Bitcoin ETFs Flip Positive With $119M Inflow Institutional positioning split sharply across the crypto exchange-traded fund (ETF) market Tuesday. […]

Key Takeaways

  1. bitcoin ETFs returned to positive territory Tuesday with $118.86 million in net inflows, led almost entirely by Blackrock’s IBIT.
  2. Ether funds suffered a sixth consecutive day of withdrawals, while XRP and HYPE attracted modest buying.
  3. Bitcoin ETFs Flip Positive With $119M Inflow Institutional positioning split sharply across the crypto exchange-traded fund (ETF) market Tuesday.
Read Full Article on News.Bitcoin.com

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.