Bitcoin, ether ETFs draw $1.1 billion in best inflow week since April, despite low volume
Bitcoin and ether exchange-traded funds recorded roughly $1.1 billion in net inflows during their strongest week since April. The surge in investor demand came despite relatively subdued trading volumes, according to The Block.
Öne Çıkanlar
- Bitcoin and ether ETFs attracted about $1.1 billion in weekly net inflows.
- The week marked the strongest combined ETF inflow performance since April.
- Inflows increased even as underlying trading activity remained relatively low.
Market Context
Bitcoin
BTC
$62,939
-0.06% 24h
Layer Index
Neutral
↑ 4 pts in 24h
Bitcoin and ether exchange-traded funds recorded roughly $1.1 billion in net inflows during their strongest week since April. The surge in investor demand came despite relatively subdued trading volumes, according to The Block.
Follow the Story
- Aug 8Bitcoin, ether ETFs draw $1.1 billion in best inflow week since April, despite low volume
- Aug 15Bitcoin price holds on to $63,000 as selling pressure offsets regulatory progress
- Aug 15Cboe seeks SEC approval for first US 3x leveraged Bitcoin and Ethereum ETFs amid weak crypto ETF demand.
- Aug 15Bitcoin Traders Bet on Choppy August With $65,000 in Reach
- Aug 8Bitcoin, ether ETFs draw $1.1 billion in best inflow week since April, despite low volume
- Aug 15Bitcoin price holds on to $63,000 as selling pressure offsets regulatory progress
- Aug 15Cboe seeks SEC approval for first US 3x leveraged Bitcoin and Ethereum ETFs amid weak crypto ETF demand.
- Aug 15Bitcoin Traders Bet on Choppy August With $65,000 in Reach
Related Intelligence
External ReportingBitcoin and Ethereum Price Prediction as Cboe Seeks First US 3x Leveraged BTC and ETH ETFsExternal ReportingBitcoin and Ether: Nasdaq Prepares a Major Turn for ETF OptionsExternal ReportingAmerican Bitcoin Corp. (NASDAQ:ABTC) Receives Consensus Recommendation of "Hold" from AnalystsSourced by
Originally reported by The Block
NewsLayer coverage based on externally reported material.
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