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Bitcoin ETFs add $251M as Goldman Sachs tops XRP ETF holders
๐คAI Summary
US spot Bitcoin ETFs saw $251 million in daily inflows, bringing March total inflows to $1.56 billion as the rally continues. Meanwhile, Goldman Sachs emerged as the top institutional holder of XRP ETFs as selling pressure in the XRP market began to ease.
Key Takeaways
- โBitcoin ETFs attracted $251 million in new inflows, extending their strong March performance.
- โTotal Bitcoin ETF inflows for March reached $1.56 billion, indicating sustained institutional interest.
- โGoldman Sachs was revealed as the largest institutional holder among XRP ETF investors.
- โXRP ETF selling pressure showed signs of easing after recent market turbulence.
- โThe continued ETF inflows demonstrate growing institutional adoption of cryptocurrency investment vehicles.
Mentioned Tokens
$BTC$69,618โผ-1.6%
$XRP$1.38โผ-2.0%
Non-custodial ยท Your keys, always
Read Original โvia CoinTelegraph
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