Bitcoin and Ether Exchange-Traded Funds (ETFs) have reported substantial inflows, culminating in record-breaking financial activity for the week. The latest figures as of Friday reveal that these ETFs have settled billions in trading volumes.
Specifically, U.S.-based spot bitcoin ETFs alone attracted impressive inflows of $293.47 million on Friday. Blackrock's IBIT took a leading role in the influx, demonstrating the increasing appeal of these financial instruments.
Similarly, Ether ETFs also witnessed strong participation, adding $85 million on the same day. This highlights a growing positive sentiment among investors, indicating confidence in these key cryptocurrencies.
This surge in activity underscores a transformative period for cryptocurrency ETFs, reflecting broader acceptance and integration into mainstream investment portfolios.
