Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Bitcoin and Ether ETFs end outflow streaks with $127.6 million inflows after US midterms

Picture: COINTURK NEWS

Spot Bitcoin and Ether exchange-traded funds (ETFs) listed in the United States halted their recent outflow momentum on Wednesday, attracting cumulative inflows totaling $127.6 million as cryptocurrency markets rebounded in the wake of US midterm election results. Bitcoin (BTC) ETFs took in $74.6 million, while Ether (ETH) funds added $53 million, according to data from blockchain analytics firm SoSoValue. This movement marked a clear reversal from three consecutive trading sessions that saw Bitcoin ETF withdrawals reach $1.16 billion, and Ether funds experiencing seven straight days of outflows amounting to $657 million.

You are reading an excerpt. COINTURK NEWS wrote and owns the full article.

Continue reading at en.coin-turk.com

Related stories

More crypto news

All Crypto & Bitcoin