Spot Bitcoin and Ethereum ETFs Garner $623 Million in Weekly Inflows
- Spot Bitcoin and Ethereum ETFs attracted $623 million for the week ending February 7, 2025.
- Bitcoin ETFs recorded a net weekly inflow of $203.54 million, marking the fourth-largest since inception.
- The IBIT fund led Bitcoin inflows with $315.2 million.
- Ethereum ETFs saw an influx of $420.06 million, reversing a decline from late January.
- The ETHA fund dominated Ethereum inflows with $286.81 million.
- The SEC is reviewing applications for Solana and Litecoin ETFs.
Spot Bitcoin and Ethereum ETFs collectively attracted $623 million last week, with significant contributions from the IBIT and ETHA funds. The SEC is also considering new ETF applications for Solana and Litecoin.
Source (2.6)https://hodl.press/spot-bitcoin-and-ethereum-etfs-garner-623m-last-week/?rand=24434