Major Inflows into Bitcoin and Ethereum ETFs Are Driven by BlackRock

Major Inflows into Bitcoin and Ethereum ETFs Are Driven by BlackRock

The largest contributor to the $223 million net inflows into U.S. spot Bitcoin ETFs on September 19 was BlackRock’s IBIT, which brought in $246 million. Spot Ethereum ETFs had a $47.75 million increase, driven solely by BlackRock’s ETHA, which recorded a noteworthy $144 million one-day inflow. These inflows indicate a persistently bullish sentiment in the cryptocurrency market, showing significant institutional interest and growing confidence in crypto assets, particularly in BlackRock’s offerings.

Bitcoin and Ethereum
source x

 

 

 

 

 

 

 

 

 

 

 

 

Disclaimer and Risk Warning
coinweck does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party.  coinweck should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
6 effective ways to lower cholesterol and boost heart health naturally 6 foods that diabetics should avoid Here are 6 benefits of a daily 1,000-step walk 6 diet tips to boost your immune system during the monsoon 6 Foods With More Potassium Than a Banana 6 reasons to consider making it part of your morning routine Crypto market maker Wintermute says ETH is nearly sold out on its institutional OTC desk amid strong demand Reserve Bank of Australia and DFCRC for secure tokenized asset settlement across blockchain and PayTo systems. 6 reasons to add paneer 6 health benefits of eating roasted gram