ETFs see inflows drop to nearly half as Bitcoin declines

On Tuesday, Bitcoin exchange-traded funds (ETFs) recorded net inflows of over $200 million. While this represents a positive net inflow to these funds, it also marks a sharp decline from the $421 million seen the previous day.

The dwindling interest comes as Bitcoin slipped to a daily low of $103,371 on Tuesday, indicating increasing caution among investors. If the decline continues, inflows to the ETFs may weaken further, as institutional sentiment continues to wane.

Bitcoin ETFs are experiencing a decline in daily inflows.