CoinDesk·3 min read·medium
Bitcoin ETFs on track for the smallest monthly inflows ever
O
Omkar Godbole
✦AI Summary
Bitcoin spot ETFs have recorded their lowest monthly inflows in July, signaling weak institutional demand compared to previous months. Meanwhile, Ether-based funds have performed relatively better, reflecting broader market trends in cryptocurrency.
This month, analysts have repeatedly pointed to multiday inflows into the U.S.-listed crypto exchange-traded funds as evidence of the return of institutional demand. Zoom out, though, and the institutional story still looks bleak.
cryptoeconomybusiness
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