Bitcoin ETFs Snap Outflow Streak — Market Talk

Bitcoin ETFs, which have been a key indicator followed by cryptocurrency markets to gauge institutional interest in the space, have had a streak of outflows in recent days. But it looks like it's turned the corner, with bitcoin ETFs posting a net inflow of $32.1 million yesterday, according to data from CoinGlass. That snapped a 4-day losing streak for the ETFs, coinciding with the Federal Reserve's decision to leave interest rates unmoved. CoinMarketCap's Fear and Greed index is inching back to a "neutral" outlook, and is at 37-out-of-100 today — the high end of scores indicating "fear." Bitcoin is up 1.9% to $64,657. ([email protected])