Spot Bitcoin and Ethereum ETFs See $980 Million Capital Inflow
- From April 20 to April 24, spot Bitcoin and Ethereum ETFs attracted nearly $980 million, with $823.7 million for Bitcoin ETFs and $155.01 million for Ethereum ETFs.
- Bitcoin ETFs had no days of outflows during this period, peaking at an inflow of $335.82 million on April 22.
- Ethereum ETFs recorded a highest inflow of $96.44 million on April 22, with only one outflow of $75.94 million on April 23.
- Altcoin-based ETFs also showed growth, with XRP-ETF gaining $15.74 million and Solana-ETF increasing by $9.44 million.
The sustained inflows into both Bitcoin and Ethereum ETFs indicate a recovering investor confidence in the cryptocurrency market after recent downturns.
With Bitcoin attracting over $800 million in a week, the positive trend across multiple ETF sectors highlights a significant shift in market sentiment.
