ETF demand remained positive in the latest completed US session, but inflows slowed for a third consecutive day. Bitcoin ETFs attracted $190.7M, down 45% from $346.9M in the previous session. Ethereum ETF inflows fell 37% from $104.5M to $66.1M. Institutional buyers are still accumulating, with $2.85B flowing into Bitcoin and Ethereum ETFs over four sessions. However, this demand has not been strong enough to reverse the decline. For momentum to recover, ETF inflows likely need to accelerate while BTC reclaims $85K.
OrcabayShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.