Bitcoin and Ethereum spot ETFs experienced a significant resurgence on Jan. 15, with a combined net inflow of over $815 million, marking the first positive day after a four-day outflow period.
What Happened: After four days of outflows, Bitcoin (CRYPTO: BTC) spot ETFs saw a strong rebound on Wednesday, recording a total net inflow of $755 million.
Bitcoin is trading around $99,000 at the time of writing, up 2% over the past 24 hours.
Fidelity‘s (CBOE: FBTC) led the charge with a net inflow of $463 million, while Ark Invest and 21Shares‘ (CBOE: ARKB) attracted $139 million.
Ethereum (CRYPTO: ETH) spot ETFs also experienced positive inflows, reaching $59.7 million, with Fidelity‘s (CBOE: FETH) securing $29.3 …
Full story available on Benzinga.com