Bitcoin and Ethereum ETFs See Significant Inflows
Bitcoin and Ethereum ETFs witnessed substantial inflows, indicating investor confidence and potentially driving future growth in the cryptocurrency market.
According to PANews, on April 29, Bitcoin ETFs experienced a net inflow of 6,634 BTC, valued at approximately $630 million. Among these, iShares saw an inflow of 10,249 BTC, bringing its total holdings to 598,936 BTC. On the same day, nine Ethereum ETFs recorded a net inflow of 41,940 ETH, worth around $76.33 million. iShares contributed significantly to this with an inflow of 37,537 ETH, increasing its total holdings to 1,252,768 ETH.