Bitcoin and Ethereum exchange-traded funds (ETFs) are witnessing notable growth in inflows, marked by substantial institutional backing. Bitcoin ETFs have seen a remarkable net inflow totaling $39.26 million, indicating strong market interest.
Fidelity’s FBTC leads the pack in Bitcoin ETFs with significant inflows of $37.20 million, followed by Grayscale's BTC fund, which attracted $15.08 million.
In the Ethereum ETF landscape, the US spot Ethereum ETF experienced daily inflows amounting to $4.47 million, with Bitwise's ETHW emerging as a frontrunner.
The notable investments by major players like Fidelity, Grayscale, and Bitwise underscore the enduring appeal and growing confidence in cryptocurrency ETFs as a viable financial product.
