Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut...

Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole

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Source: Coindesk.com

U.S.-listed spot bitcoin ETFs saw significant activity with over $252 million in net inflows and trading volumes exceeding $3.12 billion, driven by positive market sentiment following comments at the Jackson Hole symposium. BlackRock's IBIT and Fidelity's FBTC led in inflows, while Grayscale's GBTC experienced outflows. Federal Reserve Chair Jerome Powell's hints at loosening monetary policy

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The post "Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole" appeared first here Coindesk.com.

Source: Coindesk.com

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