Crypto Market Rallies on Ceasefire News; Bitcoin and Ethereum ETFs See $659M Inflow in Total
- Crypto market rebounded sharply after a ceasefire eased recent geopolitical tensions
- Spot Bitcoin and Ethereum ETFs attracted a combined daily net inflow of over $659 million
- Bitcoin surged past $106,000 and Ethereum jumped over 17% amid renewed optimism
The cryptocurrency market mounted a strong recovery June 24th, erasing past losses once a ceasefire deal between Israel and Iran was brokered by the US.
Soso Value’s data show that spot Bitcoin ETFs attracted a daily net inflow of $588.55 million on the day, signaling a bullish revival in the crypto market and a surge in investor demand.
How Much Were the Bitcoin ETF Inflows?
According to Soso Value’s data, BlackRock’s IBIT dominated the spot Bitcoin ETF daily inflow with a massive $436.32 million inflow, bringing the product’s monthly inflow to a record $1.23 billion in Jun…
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Crypto Market Rallies on Ceasefire News; Bitcoin and Ethereum ETFs See $659M Inflow in Total
- Crypto market rebounded sharply after a ceasefire eased recent geopolitical tensions
- Spot Bitcoin and Ethereum ETFs attracted a combined daily net inflow of over $659 million
- Bitcoin surged past $106,000 and Ethereum jumped over 17% amid renewed optimism
The cryptocurrency market mounted a strong recovery June 24th, erasing past losses once a ceasefire deal between Israel and Iran was brokered by the US.
Soso Value’s data show that spot Bitcoin ETFs attracted a daily net inflow of $588.55 million on the day, signaling a bullish revival in the crypto market and a surge in investor demand.
How Much Were the Bitcoin ETF Inflows?
According to Soso Value’s data, BlackRock’s IBIT dominated the spot Bitcoin ETF daily inflow with a massive $436.32 million inflow, bringing the product’s monthly inflow to a record $1.23 billion in Jun…
The post Crypto Market Rallies on Ceasefire News; Bitcoin and Ethereum ETFs See $659M Inflow in Total appeared first on Coin Edition.
Read More