Bitcoin ETFs Post Biggest Inflow in Nearly a Month
Dow Jones10-21 00:29
1229 ET - Monday saw a big inflow in bitcoin ETFs, according to data from Coinglass. ETFs saw a net inflow of $526.7 million on Oct. 19, starting the week with a big inflow after last week was net negative for bitcoin ETFs. It's the largest inflow seen in bitcoin ETFs in nearly a month, according to Coinglass data -- with the last inflow exceeding $500M seen Sept. 22. Bitcoin started trading lower for the day, but perked up along with the stock market on unconfirmedreports of a mediator proposal to end the war between the U.S. and Iran. Bitcoin is up 0.6% to $82,444, while ethereum is up 1.6% to $2,436, and XRP climbs 1.6% to $1.32.
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