Cryptocurrencies 22,204
Market Cap $2.75T
BTC Dominance 59.34 %

Cryptocurrencies : 22,204

Total Market Cap : $2.75T

BTC Dominance : 59.34 %

LIVE
Mkt Cap $2.75T BTC Dom 59.34 % BTC BTC $81,250.00 ▼ -3.13% ETH ETH $2,420.82 ▼ -4.90% USDT USDT $0.999094 ▼ -0.01% BNB BNB $725.41 ▼ -3.76% XRP XRP $1.32 ▼ -6.25% USDC USDC $0.999703 ▼ 0.00% SOL SOL $103.55 ▼ -7.21% TRX TRX $0.328422 ▼ -0.47% FIGR_HELOC FIGR_HELOC $1.06 ▲ +0.00% ZEC ZEC $1,134.52 ▼ -11.81% HYPE HYPE $80.21 ▼ -7.92% DOGE DOGE $0.081102 ▼ -6.69% USDS USDS $0.999976 ▲ +0.00% XMR XMR $523.37 ▼ -2.83% LINK LINK $12.37 ▼ -7.43% WBT WBT $79.61 ▼ -3.51% ADA ADA $0.227672 ▼ -9.46% LEO LEO $8.89 ▼ -0.02% RAIN RAIN $0.00973 ▼ -6.40% XLM XLM $0.187624 ▼ -7.63% NEAR NEAR $4.98 ▼ -15.77% BCH BCH $261.09 ▼ -9.14% USDE USDE $0.999302 ▼ 0.00% BTW BTW $1.74 ▲ +5.05% LTC LTC $60.14 ▼ -7.31% Mkt Cap $2.75T BTC Dom 59.34 % BTC BTC $81,250.00 ▼ -3.13% ETH ETH $2,420.82 ▼ -4.90% USDT USDT $0.999094 ▼ -0.01% BNB BNB $725.41 ▼ -3.76% XRP XRP $1.32 ▼ -6.25% USDC USDC $0.999703 ▼ 0.00% SOL SOL $103.55 ▼ -7.21% TRX TRX $0.328422 ▼ -0.47% FIGR_HELOC FIGR_HELOC $1.06 ▲ +0.00% ZEC ZEC $1,134.52 ▼ -11.81% HYPE HYPE $80.21 ▼ -7.92% DOGE DOGE $0.081102 ▼ -6.69% USDS USDS $0.999976 ▲ +0.00% XMR XMR $523.37 ▼ -2.83% LINK LINK $12.37 ▼ -7.43% WBT WBT $79.61 ▼ -3.51% ADA ADA $0.227672 ▼ -9.46% LEO LEO $8.89 ▼ -0.02% RAIN RAIN $0.00973 ▼ -6.40% XLM XLM $0.187624 ▼ -7.63% NEAR NEAR $4.98 ▼ -15.77% BCH BCH $261.09 ▼ -9.14% USDE USDE $0.999302 ▼ 0.00% BTW BTW $1.74 ▲ +5.05% LTC LTC $60.14 ▼ -7.31%
CoinsCapture - Cryptocurrency Trading Prices Today, Live Chart , Market Trades & Cap

Bitcoin ETFs Experience $159M Inflows as Zcash Fund Attracts $46.6M Investment

In a notable turnaround, U.S. Bitcoin ETFs recorded inflows of $159.45 million on Thursday, primarily driven by Blackrock’s IBIT, which alone attracted $183.66 million. This resurgence signals renewed institutional interest in Bitcoin, despite ongoing challenges for other cryptocurrencies.

While Bitcoin funds saw significant inflows, Ether and XRP ETFs struggled, facing outflows of $39.24 million and $5.15 million, respectively. The trading volume for Bitcoin reached $2.81 billion, indicating a robust market activity.

The newly launched Zcash ETF, ZCSH, made headlines by drawing in $46.56 million, showcasing investor appetite for emerging crypto products. This was particularly impressive as it marked one of the largest daily inflows since its inception.

Despite the positive inflows for Bitcoin ETFs, the overall weekly net flows remain negative, reflecting a selective investment landscape. Analysts suggest that Bitcoin ETFs could eventually surpass gold ETFs in assets as younger investors increasingly view Bitcoin as a viable store of value.

As the market evolves, the performance of Bitcoin ETFs will be closely monitored, especially in light of the upcoming stock split for Grayscale’s ZCSH, which is set to take place on September 30.

Explore related on CoinsCapture

Discussion

0 comments
No comments yet. Start the conversation.
Join our Telegram Community