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Bitcoin and Ethereum ETFs See $1 Billion in One Day

  • Bitcoin and Ethereum ETFs saw over $1 billion in combined net inflows in a single day, signaling strong institutional interest.
  • BlackRock’s iShares Bitcoin Trust (IBIT) led the surge with $877 million in inflows, pushing its year-to-date total above $7.7 billion.
  • Ethereum ETFs brought in $110.5 million, their best single-day performance since February, led by Grayscale’s ETHE and Fidelity’s FETH.
  • Ongoing market momentum, rising Bitcoin prices, and inflation concerns are driving traditional investors into crypto ETFs.

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