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Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows – Details Newsbtc hace 3 semanas

Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows – Details 📈

The US spot Bitcoin ETFs have experienced a resurgence with over $300 million in net inflows, signaling a return to a positive trend after initial Q4 bearishness. This contrasts with Spot Ethereum ETFs, which remain in negative territory despite reduced outflows.

The Bitcoin ETF market began last week positively with net inflows of $236.19 million on Monday, October 7. However, it faced a three-day dip resulting in outflows of $179.98 million from October 8-10. A significant recovery occurred on Friday, October 12, with $253.54 million in inflows, predominantly driven by Fidelity’s FBTC.

Other notable Bitcoin ETF players include Ark & 21 Shares ARKB, Bitwise's BITB, VanEck's HODL, and Invesco's BTCO, which recorded substantial inflows, while Grayscale’s GBTC saw outflows. BlackRock’s IBIT holds significant market influence, comprising 40% of assets at $23.30 billion.

Meanwhile, spot Ethereum ETFs continued to struggle, marking their 10th negative week in the last 12, with an outflow of $5.22 million, despite one day of inflow and a smaller net outflow than the prior week.

Fuente: www.newsbtc.com ↗

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