Bitcoin Rebounds to Over $43,000 as Grayscale Outflows Slow

New U.S. ETFs See Over $1 Billion in Inflows; Hong Kong Receives First Bitcoin ETF Application

Bitcoin's price has rebounded to over $43,000, with the market expecting the U.S. Federal Reserve to pause rates again later this week.
Outflows from Grayscale's bitcoin ETF have slowed, with the fund seeing an average of $470 million in money exiting in the first six days after the spot ETFs began trading.
Newly issued U.S. ETFs have seen total net inflows topping $1 billion since approval on Jan. 10, 2024.
Hong Kong's Securities and Futures Commission has received its first bitcoin ETF application from Chinese asset manager Harvest Global Investments.
Solana-based trading aggregator Jupiter settled over $500 million in trades in the past 24 hours ahead of its planned token issuance on Wednesday.