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Bitcoin ETFs Establish Gaining Streak — Market Talk
By Exbasi Intelligence
Sourced from Dow Jones Newswires
Bitcoin ETFs are back to winning ways after spending most of the previous month on a losing streak, with fund money seen exiting those ETFs in favor of more-lucrative holdings like AI stocks. These ETFs have recorded net inflows for four consecutive sessions, according to data from CoinGlass. Friday's trading resulted in a net inflow of $132.3 million. Retail buying is seen as having come back to the crypto space, but institutional money has been slow to re-enter positions held earlier this year in cryptocurrency. Bitcoin is up 0.4%, while ethereum is up 0.8% and XRP is up 0.5%. ([email protected])