Bitcoin
Bitcoin ETFs attract $244M on Wednesday, extending 3-day inflow streak
US-listed spot Bitcoin ETFs recorded $244.4 million in net inflows Wednesday, part of a three-day run that has brought in $626 million combined.
Spot Bitcoin ETFs opened August with consecutive days of inflows totalling $626 million, according to SoSoValue data. BlackRock's iShares Bitcoin Trust led the period, gathering $479 million and bringing its cumulative net inflows to nearly $61 billion.
The inflows coincided with Bitcoin briefly climbing above $64,920. The asset traded at $64,744.53 at publication, up 0.7% over 24 hours. Market sentiment remained subdued, with the Crypto Fear & Greed Index at 25, down from 27 the previous day.
Among other US-listed products, spot Ether ETFs attracted $60.9 million in their second consecutive day of inflows, bringing their two-day total to $114.6 million. XRP ETFs moved in the opposite direction, recording $3.58 million in net outflows and reducing total net assets to $993.4 million.
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