US-listed spot Bitcoin exchange-traded funds recorded net inflows on Monday, ending a two-session stretch of withdrawals. Spot Bitcoin ETFs saw $167 million in net inflows during the session, according to data from SoSoValue. The inflows followed approximately $577 million in combined outflows on Thursday and Friday. The renewed demand coincided with a rebound in the price of Bitcoin, which climbed toward $71,000 as broader market sentiment improved. Altcoin ETFs continue to see selling While Bitcoin-linked products attracted fresh capital, funds tied to other major cryptocurrencies continued to experience selling pressure. Exchange-traded funds tracking Ethereum, XRP, and Solana all recorded net outflows on Monday.
Source: Read the original article
