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Bitcoin Returns to Inflows With $159M as Zcash ETF Draws $46.6M

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: U.S. bitcoin ETFs returned to inflows on Thursday with $159.45 million, led by a sharp rebound in Blackrock’s IBIT. Ether and XRP funds remained under pressure, while the recently launched Zcash ETF drew $46.56 million in fresh capital. Blackrock Drives Bitcoin Rebound Institutional demand returned to bitcoin on Thursday, offering some relief after a bruising […] Crypto Insight Analysis: Direction: Bullish BTC / Neutral ETH / Neutral XRP / Bullish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Institutional inflows signal renewed BTC demand, while Zcash ETF launch boosts its liquidity.

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Bitcoin Returns to Inflows With $159M as Zcash ETF Draws $46.6M — Crypto Insight