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- The pace of recovery for Bitcoin, Ethereum, and XRP is accelerating, supported by ETF fund inflows.
Bitcoin spot ETF funds recorded cash inflows for the fifth consecutive day on Monday, attracting nearly $238 million. The average cumulative inflows amount to $57.98 billion, while the value of net assets under management is $100.33 billion. If demand for spot ETFs continues to grow steadily, this momentum could boost Bitcoin’s recovery toward the psychological level of $80,000.
Bitcoin spot investment funds inflows | Source: SoSoValue
Demand for Ethereum-based digital investment products remains steady, with cash inflows of approximately $68 million into spot ETFs recorded on Tuesday. Data from SoSoValue shows this increase has continued for the eighth consecutive day, bringing total cash inflows to $12.01 billion, and net assets under management to $13.76 billion.
Ethereum ETF inflows | Source: SoSoValue
Meanwhile, spot XRP ETFs saw cash inflows of $3 million on Tuesday, down from $13.74 million the previous day. Total cash inflows reached $1.28 billion, while average net assets under management were $1.08 billion.
XRP ETF inflows | Source: SoSoValue
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