Summary
- It reported that in the US spot exchange-traded fund (ETF) market, both Bitcoin and Ethereum ETFs turned to net inflows in one day.
- It said that with buying by major institutions recovering, market sentiment that had been in a recent correction phase appears to have partially stabilized.
- Bitcoin ETF saw total net inflows of 220.86 million dollars, and Ethereum ETF saw 9.09 million dollars in net inflows, though some ETFs still experienced outflows.
In the US spot exchange-traded fund (ETF) market, Bitcoin (BTC) and Ethereum (ETH) ETFs both turned to net inflows in just one day. With buying by major institutions recovering, market sentiment, which had been in a recent correction phase, appears somewhat stabilized.
On the 6th (local time), according to data from TraderT, US-traded Bitcoin spot ETFs saw total net inflows of 220.86 million dollars. BlackRock's IBIT attracted 93.28 million dollars, Fidelity's FBTC 61.64 million dollars, Ark Invest's ARKB 60.44 million dollars, and Bitwise's BITB 5.5 million dollars, each helping drive the upward trend.
Ethereum spot ETFs also recorded net inflows of 9.09 million dollars on the same day. BlackRock's ETHA received 4.59 million dollars, Fidelity's FETH 4.95 million dollars, and Bitwise's ETHW 3.08 million dollars. Meanwhile, Grayscale's ETHE saw 3.53 million dollars flow out.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
