Bitcoin News
By Bruce Buterin
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Bitcoin Stalls Near $78,759 After Brief $80K Spike. The price hovered around $78,759, off about 0.3% over 24 hours.
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XRP ETFs Log Biggest Daily Inflow Since January 5. US spot Ether ETFs kept their own streak alive, logging net inflows of $192.
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US spot Bitcoin ETFs pulled in $232.1 million on Wednesday. Solid number, sure — but it's a 26% drop from Tuesday's $314.
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Still, that didn't break the streak. Eight straight days of net inflows have now stacked up $2.8 billion in cumulative gains, and the year-to-date picture keeps improving.
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Bitcoin itself wasn't doing much to inspire on Wednesday.
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The price hovered around $78,759, off about 0.3% over 24 hours. It had briefly punched through $80,000 on Tuesday before pulling back pretty quickly — the kind of move that gets…
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What's interesting, though, is that broader sentiment didn't fall apart. The Crypto Fear & Greed Index actually climbed to 71 on Thursday, up from 65 the day before.
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And the altcoin side of the ledger looked genuinely strong.
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US spot Ether ETFs kept their own streak alive, logging net inflows of $192.4 million on Wednesday — their eighth consecutive positive day.
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But the real headline in altcoin ETF land was XRP. Funds tied to XRP pulled in $28.1 million on Wednesday, the largest single-day inflow since January 5.
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More context: Bitcoin ETFs Surge with $2.26 Billion in Inflows Over Six Consecutive Sessions
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What's driving the XRP surge specifically? The source didn't spell it out. Could be any number of things happening in the market around that asset.
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Ether's situation is a bit different — it's been steadier, more consistent. Eight days of inflows mirrors Bitcoin's own streak almost exactly, which probably isn't a coincidence.
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The broader dynamic here is worth sitting with for a second. A year ago, the idea that XRP, Ether, and Bitcoin would all have US-listed spot ETFs racking up billions in…
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That said, $232 million in a single day for Bitcoin ETFs is still a real number. It's just smaller than what came before it. Context matters.
The Currency Analytics
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