Bitcoin ETF inflows snap after $3 billion streak as ETH, XRP and Solana keep buying

Share

US-listed Bitcoin ETFs posted $201.9 million of outflows on Aug. 28, ending a nine-day streak that had absorbed $3.04 billion. Simultaneously, Ethereum, XRP and Solana ETFs continued attracting cash with combined net inflows of $145 million. This divergence shows the weakness was concentrated in Bitcoin rather than across the broader crypto ETF market. Bitcoin fell about 3.2% to $77,696, yet Bitcoin ETFs still hold $924.5 million in net flows over the past five sessions. ARK 21Shares ARKB led the withdrawals with $114.9 million, followed by Bitwise BITB at $49.7 million and BlackRock IBIT at $33.4 million.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles