Crypto ETFs Experience Significant Inflows After Recent Outflows
- After outflows on Wednesday, both bitcoin exchange-traded funds (ETFs) and ether ETFs saw a combined inflow of $376 million on Thursday.
- Bitcoin ETFs attracted $163 million in new investments.
- Ether ETFs outperformed with net entries totaling $213 million.
The recent inflow into bitcoin and ether ETFs indicates a resurgence in investor confidence following prior outflows. The significant difference between the amounts invested in ether versus bitcoin highlights the growing interest in Ethereum-based assets.
On Thursday, the total inflow for crypto ETFs reached $376 million, with ether ETFs leading at $213 million compared to bitcoin’s $163 million, suggesting a stronger investor preference for Ethereum-related products at this time. (Source)
