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The Defiant 2024-12-19 21:21:40

Cryptocurrency ETF Inflows Slow after Month of Record Highs

Bitcoin and Ethereum spot exchange-traded funds (ETFs) experienced a lull on Dec. 18 as crypto markets digested the Federal Reserve’s latest policy moves, with just two interest rate cuts projected for 2025. Bitcoin fell 4% in the past 24 hours, while Ether slipped 8%. Bitcoin (BTC) spot ETFs recorded inflows of $275.39 million, marking their lowest daily inflow since Dec. 11, according to SoSo Value data . This figure represents a 44% decrease compared to the $494 million in inflows recorded on Tuesday. Ethereum (ETH) spot ETFs attracted just $2.45 million on Dec. 18, the smallest daily inflow since November 21 and a 98% decline from the $145 million in inflows received on Tuesday. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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