Capital flows suddenly come to a halt. Yesterday, Bitcoin spot ETFs experienced a net outflow of $263 million, ending a nine-day streak of capital inflows. All 12 ETFs had zero net inflow. Ethereum spot ETFs also recorded a net outflow of $50.48 million, while SOL and XRP ETFs remained flat.


When spot ETFs have a net outflow, prices start to decline, and the capital flow in altcoin ETFs pauses, causing the market to revert to a wait-and-see mode.
BTC-1.01%
ETH0.06%
SOL-0.84%
XRP-0.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments