- Bitcoin’s post-halving hours saw a 2.31% dip, but ETF inflows surged and boosted investor confidence
- Potential expansion of crypto-ETFs beyond Bitcoin and Ethereum could drive mainstream adoption
Looks like Bitcoin’s [BTC] halving brought its own share of surprises! After all the hype surrounding Bitcoin’s halving, BTC hit a bump on the road, falling by 2.31% in just 24 hours. This, despite the Bitcoin ETF market noting such a significant change. After five days of outflows, there was a sudden influx of positive net inflows right before the day of the halving.
In fact, according to Farside Investors’ data, five out of 10 ETFs recorded positive inflows totaling $59.7 million.
Source: Farside Investors
This underlined the growing confidence in Bitcoin’s pre-halving and post-halving performance among investors in the ETF space.
Expansion of ETFs leading to crypto-mainstream adoption
Discussing the potential expansion…
