Bitcoin ETF Attract Fresh Capital As Crypto Flows Rotate

1h ago•

bullish:

bearish:

In a huge industrial financial room, a trader in the foreground forcefully operates a gigantic mechanical valve connected to a Bitcoin reservoir. On a first pipe, a small amount of capital is still being projected outward, remnants of the heavy previous outflows. But several other pipes have just reversed and are now pouring a powerful torrent of coins and orange light into the Bitcoin reservoir. The trader watches the shift with an expression of surprise and relief.

American Bitcoin ETFs attracted $101.15 million on September 2nd. This rebound comes after an outflow of $236.5 million the previous day. Ethereum and XRP ETFs ended positive streaks that had captured $1.62 billion and $170 million respectively. At the same time, Solana products also closed the session in the red. These movements reveal a temporary rotation of capital towards Bitcoin rather than a general withdrawal by institutional investors.

L’article Bitcoin ETF Attract Fresh Capital As Crypto Flows Rotate est apparu en premier sur Cointribune.

1h ago•

Cointribune

bullish:

bearish: