Fear has given way to renewed confidence in the crypto ETF space. After a turbulent period that saw over $1 billion exit the market, US spot Bitcoin ETFs staged a strong comeback with $477 million in net inflows on Tuesday.
The broad-based buying, which also lifted spot Ethereum ETFs by $142 million, indicates that investors are once again viewing digital assets as a viable hedge.
With trading volumes holding at multi-billion dollar levels, the market appears to be swiftly moving past the recent volatility triggered by macro-economic tensions.