Bitcoin ETFs Post Second-Biggest Day Ever: Why It Matters
3 Articles
3 Articles
On this weekend, Bitcoin is going back into a price discovery dynamic beyond the $117,000. An increase in new records of entry into the ETF spot market, which also benefits Ethereum. The article Entry Records for Bitcoin ETFs and Ethereum spot - Would Ether be the big winner? appeared first on Cryptoast.
Bitcoin, Ether ETFs see second-largest inflows ever as prices hit new highs
US spot Bitcoin ETFs attracted $1.18 billion in net inflows. Ether spot ETFs also posted their second-highest daily inflow, drawing $383.1 million. Cumulatively, over the six trading sessions starting July 2, total net inflows across all BTC ETF issuers stood at $2.69 billion. Bitcoin and Ether-themed exchange-traded funds saw a surge in investor interest on Thursday, recording their second-largest daily inflows since inception, as both cryptocu…
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