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Big Money Pours into Bitcoin and Ethereum ETFs Coin Edition 28 Sep 2024

Big Money Pours into Bitcoin and Ethereum ETFs 💹

Ethereum ETF Bitcoin ARK21Shares Lookonchain

Institutions are significantly investing in Bitcoin and Ethereum, with large amounts of new capital pouring into ETFs. This trend was highlighted by analyst Lookonchain, noting the substantial inflows as a bullish indicator suggesting that major players are gaining confidence despite recent market volatility.

From the data, ten Bitcoin ETFs have collectively added a net inflow of 5,572 BTC, equating to approximately $370 million. Among these, ARK21Shares has emerged as a leading player.

Source: coinedition.com ↗

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