Bitcoin ETFs stretch $3.1B inflow streak as Ether funds turn red
Ether ETFs shed $3 million Tuesday after seven days of inflows, following an $8 million outflow from Zcash funds at the start of the week.
US spot Bitcoin exchange-traded funds (ETFs) extended their net inflow streak to nine trading days, while Ether and Zcash funds flipped to outflows.
Bitcoin ETFs attracted $66.2 million on Tuesday, bringing net inflows over their winning streak to roughly $3.1 billion, according to data from SoSoValue. The year-to-date net inflows rose to roughly $1 billion.
However, some altcoin funds saw a reversal. Spot Ether ETFs ended their seven-day streak by posting roughly $3 million in net outflows on Tuesday. The funds had attracted more than $851 million during the seven sessions, bringing cumulative net inflows to about $14 billion.