Bitcoin ETFs See Inflows After Record Outflows as Market Rebounds

Bitcoin and other cryptocurrencies are witnessing renewed interest following a challenging period marked by significant ETF outflows and market volatility.

Bitcoin ETFs recorded $28.7 million in inflows on Monday, ending an eight-day streak of outflows totaling $1.2 billion.
Bitcoin's price climbed back above $57,000 after a steep decline, reflecting improved market sentiment.
The broader cryptocurrency market is showing recovery, with notable gains in Ethereum, Solana, and Toncoin.
Recent economic data and upcoming U.S. presidential debates are influencing market dynamics and investor sentiment.
Experts caution that while short-term rallies are possible, potential catalysts for sustained growth remain sparse.