Bitcoin ETFs Continue Inflow Streak While Ethereum ETFs See Decline
Bitcoin spot ETFs in the U.S. maintained their positive streak on Monday, with net inflows reaching $61.3 million, marking eight straight days of gains.
BlackRock’s IBIT led the charge, pulling in $72.15 million, while Fidelity’s FBTC grew by $8.32 million.
Meanwhile, Ark and 21Shares’ ARKB saw outflows of $9.5 million after significant gains last Friday, and Bitwise’s BITB also reported outflows of $9.67 million.
Grayscale’s GBTC had no activity after an inflow of $26.15 million on Friday. Total trading volume for Bitcoin ETFs dropped to $1.37 billion from $1.87 billion.
READ MORE:
Analyst Predicts Bitcoin Rally Beyond $70K After Brief PullbackEthereum ETFs, by contrast, faced net outflows of $822,290, despite BlackRock’s ETHA gaining $10.99 million, marking five consecutive days of inflows.
Grayscale’s ETHE lost $11.81 million. Total trading volume for Ethereum ETFs also declined from $249.09 million to $149.14 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mythical Games to Launch FIFA Rivals Web3 Mobile Game in June
Mythical Games to launch FIFA Rivals, a Web3 soccer game, globally in June on iOS & Android, with pre-release in May.
ETH Rebounds at $1,787 Mark With Upside Target to $82,000
Market Movers: Leading 4 Cryptos Post Gains Between 50% and 80 %+
New spot margin trading pair — ZORA/USDT!
Trending news
MoreCrypto prices
More
