International Via Bloomberg

Bitcoin ETFs log second week of inflows, breaking two-month rout

Bitcoin ETFs log second week of inflows, breaking two-month rout as US-listed spot Bitcoin exchange-traded funds recorded net inflows for the second consecutive week.

Bitcoin ETFs log second week of inflows, breaking two-month rout
Advertisement

US-listed spot Bitcoin exchange-traded funds recorded a second consecutive week of net inflows after nearly two months of capital flight, raising hopes that cryptocurrencies may be finding a floor. The inflows come as bitcoin prices have been struggling to recover from a two-month rout. Breaking this downtrend, investors are showing increased interest in the cryptocurrency market again.

bitcoin etfs second
Share this article:
Original source: Bloomberg
Read Original Article →

More Stories

Advertisement