CoinStats - Bitcoin ETFs Pull In $608M While Ether ETFs P...
4 Articles
4 Articles
BlackRock scooped up over $1.8 billion of these cryptocurrencies in a week
BlackRock significantly increased its exposure to Bitcoin (BTC) and Ethereum (ETH) last week, scooping up more than $1.8 billion worth of the assets as institutional demand for cryptocurrency investment products accelerated. The asset manager attracted the largest share of inflows into U.S. spot crypto exchange-traded funds (ETFs) during one of the strongest weeks for the sector this year. Over the five trading sessions ending August 21, BlackRo…
According to ChainCatcher, Jiang Zhuoer, founder of BTC.com, stated that last week, Bitcoin and Ethereum spot ETFs recorded inflows of approximately $1.92 billion and $700 million respectively, with Ethereum ETF inflows accounting for about 36.4% of Bitcoin's. Meanwhile, ETH's total market capitalization is currently about 18.8% of BTC's, and its ETF inflow ratio is significantly higher than the market capitalization ratio of the two. Jiang Zhuo…
Institutional Demand Is Back: Bitcoin and Ethereum ETF Inflows Reached 10-Month High
In a sudden but very impactful change in investor behavior, the spot exchange-traded funds tracking the largest cryptocurrency attracted almost $2 billion in fresh funds in the past five business days alone. The Ethereum counterparts also set a multi-month peak, gaining nearly $700 million within the same timeframe. Spot BTC ETFs Attract $1.92B The week started on the right foot, with almost $300 million in net inflows on Monday and another $189…
CoinStats - Bitcoin ETFs Pull In $608M While Ether ETFs P...
Bitcoin ETFs attracted $608 million in a single day while Ether ETFs recorded their largest inflow since October, signalling renewed institutional appetite across both major cryptocurrency asset classes. The post Bitcoin ETFs Pull In $608M While Ether ETFs Post Biggest Inflow Since October appeared first on Cryptoknowmics-Crypto News and Media Platform.
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