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Bitcoin ETF inflows climb to $176M as BTC rebounds above $80K

Bitcoin ETF inflows climb to $176M as BTC rebounds above $80K

US-listed spot Bitcoin exchange-traded funds (ETFs) attracted about $176 million in net inflows on Tuesday, extending their recovery to a second consecutive trading day.

The inflows rose from $110 million on Monday, bringing the two-day total to $286 million, according to SoSoValue data.

The rebound followed nearly $774 million in withdrawals on Thursday and Friday. October net outflows narrowed to about $26 million through Tuesday, while year-to-date net inflows stood at roughly $850 million.

Market sentiment also edged higher. Alternative.me’s Crypto Fear & Greed Index rose to 51 from 48 the previous day, remaining in “Neutral” territory. The reading was still below 63, or “Greed,” a week earlier.

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Kutipan awal dari Cointelegraph, ditulis oleh Helen Partz. Hak cipta artikel milik penerbit.

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