Bitcoin ETFs See First Net Inflows in Weeks as Ether Experiences Continued Outflows in Cryptocurrency Market Shift
Spot Bitcoin exchange-traded funds (ETFs) in the U.S. ended a five-week streak of net outflows, attracting $744.4 million during the week of March 21. This was the highest inflow seen in eight weeks, thanks mainly to significant contributions from BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund. Meanwhile, Ethereum ETFs continued to struggle, ...