After what seemed like an eternity of despair, crypto is getting a little love again. Yes, Bitcoin and Ethereum ETFs are back in business, with a hefty $339 million bouncing back into their coffers. If you’ve been watching the market tumble like an old man on ice, this might feel like a much-needed pick-me-up.
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Let’s not forget that just a couple of days ago, the ETF scene looked like a sad puppy. On October 13, Bitcoin ETFs saw a massive $326.5 million in outflows, and Ethereum didn’t do much better, losing $428.5 million. Ouch.
But with these new cash injections, it’s safe to say the crypto ETF game is back in action. Confidence is creeping back-slowly, but surely-after a brutal rollercoaster ride.
Bitcoin and Ethereum ETF inflows resume amid post-crash rebound
Bitcoin (BTC) has managed to rise by a modest 0.34% in the past 24 hours, now sitting at $112,431. After nosediving to around $105,000, the market has found its footing, thanks in part to institutional inflows and some aggressive position resetting. It’s still 11% down from its pre-crash high of $125,000, but hey, we’ll take what we can get.
Ethereum (ETH) is showing signs of life too, climbing 20% from its post-crash lows, trading at $4,116 at the time of writing. It took a dive to $3,435, but managed to claw its way back up. The next major hurdle? $4,250. Will it clear it? Only time will tell.
Overall, market sentiment is improving, but don’t break out the confetti just yet. The fear and greed index is cautiously moving toward neutral. After all, many traders are still licking their wounds from the massive crash. But rising ETF inflows and stable prices among big-name coins are slowly restoring faith in the market. Optimism is creeping back in, one dollar at a time. 😎
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2025-10-15 10:59