The inflows into Bitcoin and Ethereum ETFs highlight growing investor confidence and potential shifts in market sentiment towards cryptocurrencies.
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According to ChainCatcher and SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $175 million. The BlackRock ETF IBIT saw the largest single-day net inflow at $117 million, bringing its total historical net inflow to $64.057 billion. The Fidelity ETF FBTC followed with a net inflow of $57.2183 million, bringing its total historical net inflow to $10.333 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $101.2…