๐Bitcoin ETFs in the U.S. are back in the game! After a week of net outflows, they bounced back on June 25 with net inflows hitting $31 million. Fidelity Wise Origin Bitcoin Fund led the pack with $49 million, followed by Bitwise Bitcoin ETF with $15 million. Grayscale, however, experienced a net outflow of $30.3 million. ๐ฌ
Despite these rollercoaster rides, the overall picture is bright! Since their debut in January, the 11 spot Bitcoin funds have seen net inflows totaling a whopping $14.42 billion. ๐
And there's more! Bloomberg ETF analyst Eric Balchunas predicts that spot Ether ETFs could potentially start trading in the U.S. by July 2. VanEck is already one step closer to launching its spot Ether ETF.
So, what's your take on this? Bullish or bearish? Let's chat in the comments! #DeFi #Web3 #Technology