Live updates: Bitcoin, ether ETFs pull in $800 million as inflows surge for a second day
Bitcoin and ether ETFs have seen significant inflows of $800 million over two days, signaling strong institutional demand as Bitcoin prices surged past $72,000. Analysts are watching to see if this momentum represents a sustained trend or a temporary spike.
Why it matters
The surge in ETF inflows provides insight into institutional investor sentiment and the potential for long-term price stability in the cryptocurrency market.
The flows answer the question hanging over the run. Bitcoin cleared $69,000 on Wednesday and pushed above $72,000 on Thursday, and the worry was whether the move was real demand or shorts getting squeezed. Two days of inflows this size, each bigger than the last, point to institutions chasing the break rather than a one-day liquidation spike doing all the work.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in