Bitcoin Rises, Three-Day ETF Series Ends

Bitcoin climbed 1.1% to $79,473, while U.S. spot Bitcoin ETFs saw a $46.65 million net outflow, ending a three‑day net inflow streak. Spot Ethereum ETFs also experienced a $24.29 million net outflow, but Fidelity’s FETH fund recorded a $9.89 million net inflow, and Treasury buyback expectations loom.

Bitcoin Rises, Three-Day ETF Series Ends

Bitcoin Price Increase Bitcoin rose 1.1% to $79,473, signaling a positive move in the crypto market.
Spot Bitcoin ETF Net Outflow On September 8, U.S.
spot Bitcoin ETFs recorded a total net outflow of $46.65 million, ending a three‑day streak of net inflows.
Spot Ethereum ETF Activity Spot Ethereum ETFs also saw a $24.29 million net outflow that day, while Fidelity’s FETH fund achieved the largest net inflow among Ethereum ETFs with $9.89 million.
Treasury Buyback Expectations Market participants are watching the size of Treasury buybacks expected to be announced on Wednesday, which could influence market volatility.

Sources

Loading...