Bitcoin and Ethereum ETFs Experience $655M Inflows Following SEC Approval
- Spot Bitcoin ETFs recorded net inflows of $588.22 million on Jan. 30.
- BlackRock’s IBIT led Bitcoin ETF inflows with $321.5 million.
- Total net inflows for spot Bitcoin ETFs have surpassed $40 billion.
- Ethereum ETFs saw net inflows of $67.77 million on the same day.
- The SEC approved Bitwise’s combined Bitcoin and Ethereum ETF in just 45 days.
The US Securities and Exchange Commission approved a new Bitwise fund, resulting in significant inflows: $588.22 million for Bitcoin ETFs and $67.77 million for Ethereum ETFs on January 30th, highlighting renewed investor interest.
Source (2.6.1)https://cryptoslate.com/bitcoin-and-ethereum-etfs-see-655m-in-inflows-as-sec-swiftly-approves-bitwise-combined-fund/?rand=24433
