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Crypto ETFs See Record Inflows, Led by BlackRock Coinpedia 1 week ago

Crypto ETFs See Record Inflows, Led by BlackRock 📈

Ethereum Fidelity USA Bitcoin BlackRock

Institutional support for crypto ETFs has grown, leading to record inflows. The sentiment in the crypto market has improved, contributing to a notable increase in investments.

US-spot Ethereum ETFs were particularly successful, recording an inflow of $295.1 million. This surge was largely due to Fidelity’s SETH, which alone saw $115.5 million in investments.

Additionally, US-spot Bitcoin ETFs also experienced a significant influx, indicating strong interest from institutional investors. BlackRock played a pivotal role in this investment trend.

Source: coinpedia.org ↗

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