US spot Bitcoin exchange-traded funds recorded $232.1 million in net inflows, marking a slower pace as Bitcoin remained below the $80,000 level. The latest figure came as the funds extended an eight-day inflow streak totaling $2.8 billion, according to Cointelegraph. The continued sequence of positive flows highlights sustained demand for spot Bitcoin ETF products, although the most recent daily amount was smaller than the cumulative pace implied by the streak. Separately, XRP funds registered their largest inflow since Jan. 5. The developments put Bitcoin ETF flows and XRP fund activity in focus for crypto-market participants, with BTC trading below $80,000 while institutional-product flows continued to provide a key market datapoint.
Source
Cointelegraph
Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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