Big Money Bets on Crypto: $745M Pours Into Bitcoin and Ethereum ETFs in a Single Day 💰

On Tuesday, exchange-traded funds (ETFs) focusing on spot Bitcoin and Ethereum showed significant interest as they collectively attracted $745.3 million in inflows. This influx highlights the steady participation and growing confidence of investors in the crypto market.

The Bitcoin ETFs were at the forefront, amassing $439.56 million of the total inflows. This marks a significant point as Bitcoin ETF cumulative inflows have surged to an impressive $34.35 billion, showcasing investor appetite for such investment products. Ethereum ETFs also contributed sizably to these inflows, affirming their role within diversified investor portfolios.