Bitcoin ETF inflows slow to $232M as BTC holds under $80K
US spot Bitcoin ETF inflows slow to $232.1 million on Wednesday, down about 26% from Tuesday’s $314.4 million, even as an eight-day streak reached roughly $2.8 billion. Bitcoin held under $80,000 after a brief climb above that level, trading near $78,759 while sentiment stayed in “Greed.”
Key Takeaways
- US spot Bitcoin ETFs drew $232.1 million in net inflows Wednesday, the smallest daily total since Aug. 18.
- The eight-day inflow streak has attracted about $2.8 billion, trimming year-to-date net outflows to roughly $2.03 billion.
- Bitcoin traded near $78,759 after briefly topping $80,000 on Tuesday, according to CoinGecko.
- US spot XRP ETFs posted $28.1 million—their biggest daily inflow since Jan. 5—while Ether ETFs added $192.4 million.
- Cumulative Bitcoin ETF net inflows rose to $54.6 billion, with total net assets at $98.6 billion.
Why did Bitcoin ETF inflows slow this week?
US-listed spot Bitcoin exchange-traded funds attracted $232.1 million in net inflows on Wednesday, according to SoSoValue data reported by Cointelegraph. That figure was down about 26% from Tuesday’s $314.4 million and marked the smallest daily haul since Aug. 18.
Even with the cooler pace, the products extended an eight-trading-day inflow streak totaling about $2.8 billion. Cumulative net inflows climbed to $54.6 billion, and total net assets reached $98.6 billion. Year-to-date net outflows narrowed to about $2.03 billion as the streak continued to absorb capital.
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What is happening with Bitcoin’s price under $80K?
The slowdown arrived as Bitcoin stalled after briefly climbing above $80,000 on Tuesday. At publishing time, Bitcoin traded at about $78,759, down 0.3% over the past 24 hours, per CoinGecko data cited in the report.
Despite the stalled price action, crypto market sentiment strengthened on Thursday. The Crypto Fear & Greed Index rose to 71 from 65 a day earlier, remaining in “Greed” territory, according to Alternative.me.
How did Ether and XRP ETF flows compare?
US spot Ether ETFs also logged an eighth consecutive day of inflows on Wednesday, drawing $192.4 million. That kept ethereum products aligned with Bitcoin funds on streak length, even as daily Bitcoin totals cooled from the prior session.
US-listed spot XRP ETFs attracted $28.1 million on Wednesday—their biggest daily inflow since Jan. 5. Cumulative net inflows for those funds reached $1.62 billion, SoSoValue data showed.
Taken together, the session showed cooler demand for spot Bitcoin ETFs alongside continued interest in Ether products and a standout day for XRP funds, while Bitcoin itself remained stuck below the $80,000 mark.