US spot Bitcoin exchange-traded funds recorded net inflows of $232.1 million on Wednesday, a 26% decline from the prior session and the smallest daily total since August 18, according to SoSoValue data.
The eight-day inflow streak has now amassed $2.8 billion, trimming year-to-date net outflows to $2.03 billion. Cumulative net inflows since launch rose to $54.6 billion, with total net assets reaching $98.6 billion.
Bitcoin’s price action weighed on sentiment after briefly surpassing $80,000 on Tuesday. At publication, the cryptocurrency traded near $78,759, down 0.3% over the prior 24 hours, CoinGecko data showed.
Market mood improved despite the price stall. The Crypto Fear & Greed Index climbed to 71 from 65 the previous day, remaining in "Greed" territory, according to Alternative.me.
Among alternative assets, US spot Ether ETFs extended their eight-day inflow streak with $192.4 million on Wednesday. US spot XRP ETFs attracted $28.1 million, their largest daily inflow since January 5, bringing cumulative net inflows to $1.62 billion.
