Bitcoin and Ethereum Crypto ETF Inflows Extend Multi-Day Streaks
According to SoSoValue (digital asset market data platform), Bitcoin ETFs recorded $53.87 million in net inflows and Ethereum ETFs added $57.01 million, while XRP products posted net outflows.
Summary
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Terms & Concepts
Crypto ETF: An exchange-traded fund that gives investors market exposure to cryptocurrencies without directly holding the underlying tokens.
Net inflows: The total value of money entering an investment product after subtracting withdrawals over a given period.
Outflows: Funds leaving an investment product, often used to measure weakening investor demand.