Bitcoin and Ethereum Spot ETFs Attract Over $1 Billion Inflows
- Net inflows into Bitcoin and Ethereum-based spot ETFs exceeded $1 billion on January 17, 2024.
- BlackRock’s Bitcoin ETF led with a capital inflow of $375.9 million.
- Fidelity Investments’ Bitcoin ETF saw an inflow of $326.3 million.
- Bitwise Asset Management’s Bitcoin ETF recorded an inflow of $208.1 million.
- Ethereum-based investment products had a total inflow of $23.9 million, with Fidelity’s Ethereum fund leading at $14 million.
The cryptocurrency market experienced significant financial activity as net inflows into Bitcoin and Ethereum spot ETFs surpassed $1 billion, led by BlackRock’s Bitcoin ETF with an inflow of $375.9 million.
Source (2.6)https://hodl.press/bitcoin-and-ethereum-spot-etfs-attract-over-1-billion-inflows/?rand=24434
