Bitcoin and Ethereum ETFs See Record Inflows Amid Price Surges
- Bitcoin reached an all-time high of $111,814 this week.
- Combined Bitcoin and Ethereum ETF inflows exceeded $1 billion on Thursday.
- IBIT alone received over $1.9 billion in assets during the first four days of the week.
- Ethereum ETFs garnered more than $110 million, with Grayscale and Fidelity leading.
- Bitcoin’s price increased by over 48% since early April, while Ethereum rose by more than 46% in the past month.
This week saw Bitcoin hit a record price of $111,814 as combined inflows for Bitcoin and Ethereum ETFs surpassed $1 billion on Thursday, highlighting strong investor interest in crypto-focused products.
Source (2.6)https://decrypt.co/321869/bitcoin-ethereum-etfs-1-billion-combined-single-day?rand=52368
