Spot crypto ETFs experienced substantial inflows, particularly on October 24, with Bitcoin and Ether marking positive territory during the trading session. This movement indicates rising investor interest in cryptocurrencies through exchange-traded funds.
Among 12 Bitcoin ETFs, significant participation was noted, with total inflows reaching $188.11 million. Blackrock’s IBIT emerged prominently, dominating the sector by capturing a whopping $165.54 million.
These figures reflect the dynamics of the crypto market where, despite some volatility, investor confidence appears to be growing concerning Bitcoin and Ether as part of diversified financial portfolios.
