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Bitcoin ETFs Surge After 10-Day Slide | Bitcoin and Crypto News

Bitcoin ETFs Surge After 10-Day Slide | Bitcoin and Crypto News

Published 1 week, 5 days ago
Description

Bitcoin ETFs just had their biggest inflow day since early May, pulling in over $221 million — breaking a 10-day outflow streak that drained more than $2.7 billion. After a brutal June that saw nearly $4.5 billion in outflows, the crypto market is showing signs of life, with Bitcoin rebounding above $61K and sentiment shifting from “extreme fear” to cautious optimism. Fidelity’s Wise Origin led the charge with $166 million in inflows — nearly 75% of the day’s total — while ARK 21Shares also saw gains. BlackRock’s iShares Bitcoin Trust, however, continued to bleed, losing $40 million. The rally wasn’t limited to Bitcoin: Spot Ether ETFs gained $29 million, and XRP ETFs returned to positive flows. The total crypto market cap jumped over $2.2 trillion in 24 hours — a clear signal that investors are starting to believe the bottom may be in.

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