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April’s crypto ETF data is simply like long-awaited rain after a long drought.
🗯🗯🗯🗯🗯🗯🗯🗯🗯🗯🗯🗯🗯🗯🗯🗯
In April, Bitcoin spot ETFs pulled in $2.1 billion right away, setting this year’s best performance. Along the way, there were also nine straight days of inflows, taking the hype to the max.
Ethereum ETFs finally don’t have to keep “bleeding” anymore—April saw a net inflow of $356 million as well, ending half a year of net outflows.
Even the Ripple ETF, which was still seeing money run out in March, has brought back more than $80 million in funds.
The ETFs for the three major mainstream cryptocurrencies finally turned from losses to profits together, and market confidence bounced right back.
Next, it depends on May’s non-farm payroll data and the progress of the bill to see whether they can light a fresh spark for the market.
$BTC $ETH $XRP #Gate广场五月交易分享