Spot Bitcoin and Ethereum ETFs Attract Over $655 Million in One Day
- Spot Bitcoin ETFs received an inflow of $591.29 million on April 28, 2025.
- Investors contributed $64.12 million to spot Ethereum ETFs, marking the third consecutive positive trading day.
- BlackRock’s IBIT was a significant contributor, drawing $970.93 million in funds.
- The cryptocurrency market saw a record-breaking week with Bitcoin ETFs amassing approximately $3.06 billion.
- Some funds experienced outflows: ARKB ($226.3 million), FBTC ($86.87 million), GBTC ($42.66 million), BITW ($21.13 million), and HODL ($2.68 million).
The influx of over $655 million into spot Bitcoin and Ethereum ETFs on April 28, 2025, highlights growing investor confidence in cryptocurrency assets through ETF formats, with BlackRock’s IBIT playing a pivotal role by attracting $970.93 million.
Source (2.6)https://hodl.press/bitcoin-and-ethereum-etfs-attract-over-655m-in-24-hours/?rand=24434
