Bitcoin and Ethereum ETFs Experience Major Inflows
- Bitcoin-based ETFs saw a net inflow of $517.7 million on January 24, 2024.
- Ethereum spot funds received $9.2 million in inflows over the past day.
- Fidelity’s ETF led with an inflow of $186.1 million.
- BlackRock’s crypto fund secured $155.7 million, ranking third in inflows.
- Bitwise Asset Management’s BITB ETF experienced an outflow of $8.6 million.
- Bitwise’s ETHW fund attracted $6 million in the Ethereum ETF segment.
The cryptocurrency ETF market recorded nearly $527 million in net inflows for Bitcoin and Ethereum funds, with Fidelity’s ETF leading at $186.1 million and Bitwise’s ETHW fund securing $6 million among Ethereum ETFs.
Source (2.6)https://hodl.press/bitcoin-and-ethereum-spot-etfs-net-inflow-nears-527m/?rand=24434
