U.S. Spot Bitcoin and Ethereum ETFs Attract Nearly $1.3 Billion in Capital
- Spot Bitcoin ETFs attracted $996.38 million from April 13 to April 17.
- Ethereum-based products saw inflows of $275.83 million during the same period.
- Both segments recorded their best weekly performance since mid-January.
- XRP-ETF led altcoin inflows with $55.39 million, followed by SOL-ETF with $35.17 million.
- LINK-ETF and AVAX-ETF received inflows of approximately $5.3 million and $5.26 million, respectively.
The significant capital influx into Ethereum and Bitcoin ETFs reflects growing investor confidence in cryptocurrency markets, alongside positive trends in altcoin investments.
This week marked a pivotal moment for crypto assets, with nearly $1.3 billion raised across both Bitcoin and Ethereum ETFs, showcasing robust demand from investors.(Source)
