Guavy Logo
Guavy AI Editorial TeamSentiment: 4Clout: 60

Bitcoin Maintains Momentum as $95M Flows into Cryptocurrency

Advertisement

Bitcoin has extended its run of positive momentum, as the cryptocurrency's spot exchange-traded funds (ETFs) attracted a total of $95.18 million in net inflows from March 16 to March 20. This marks the fourth consecutive week that Bitcoin ETFs have seen significant investment.

Ethereum, on the other hand, experienced a reversal in fortunes, with its spot ETFs reporting $59.94 million in net outflows. This suggests that investors may be losing interest in Ethereum exposure.

Other cryptocurrencies fared better, however, with SOL spot ETFs posting $21.10 million in inflows and XRP spot ETFs recording a modest $0.64M in net inflows.