Bitcoin and Ether ETFs Saw Big Inflows Tuesday as Investors Bought Dip
The spot bitcoin funds drew in nearly $900 million, while the ether ETFs pulled more than $400 million.

What to know:
- Spot bitcoin ETFs took in $876 million on Tuesday as the price tumbled from the $124,000 area to below $121,000.
- Spot ether ETFs attracted $420 million Tuesday as ETH sunk similarly.
Bitcoin
Spot bitcoin exchange-traded funds (ETFs) took in $876 million, according to data from Farside Investors. Combined with $1.2 billion in inflows on Monday as investors reacted to new record price over the weekend, the BTC funds have drawn in a fresh $2 billion in just the first two days of thew eek.
Ether ETFs, meanwhile, also saw a wave of demand, pulling in $420 million Tuesday, their strongest day of inflows this month. For the first two days of the week, the ETH funds have pulled in more than $600 million.
The wave of cash came as prices fell sharply, with bitcoin dropping 2.7% and ether by 5%.
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Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research

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- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
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