Crypto ETFs Gain Momentum as Bitcoin Sees $117 Million Inflow
- Bitcoin reversed four consecutive days of outflows, attracting a $117 million inflow.
- The positive shift in crypto exchange-traded funds was marked by gains in ether, XRP, and solana.
- The broad-based recovery indicates stabilizing sentiment across digital asset funds.
Crypto ETFs started the week strong as Bitcoin’s inflow broke its losing streak, hinting at improved market sentiment. The recovery was also reflected in gains for ether, XRP, and solana, suggesting a potential stabilization across digital assets.
Bitcoin’s significant $117 million inflow underscores the renewed investor confidence and marks a pivotal shift after several days of outflows. (Source)
