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Bitcoin ETFs Pull in $176M as BTC Tops $80K

By BITCOINIST EDITOR

TLDR US spot Bitcoin ETFs recorded about $176 million in net inflows on Tuesday, their second straight day of gains. The two-day total reached $286 million, following $110 million on Monday. October’s net outflows have narrowed to roughly $26 million, while year-to-date inflows sit near $850 million. Ether ETFs are…

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Exchange-traded fund

An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.

ETFs offer low-cost, diversified investing and are a fast-growing way people save.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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