Update on cryptocurrency ETF flows on June 19
Bitcoin ETF records large capital inflows
On June 19, Lookonchain confirmed that 10 Bitcoin ETF funds had a total capital inflow of 2.76 thousand BTC, worth approximately 289 million USD. Of this, BlackRock's (iShares) ETF accounted for the majority, with 2.68 thousand BTC, equivalent to 280 million USD. Currently, this fund holds a total of 683.02 thousand BTC, worth over 71.48 billion USD. This growth reflects strong interest from institutional investors in ETF cryptocurrencies, especially Bitcoin. These positive inflows help reinforce confidence in the recovery potential of the cryptocurrency market.
Ethereum ETF also attracts significant capital inflows
On the same day, the net inflow of 9 Ethereum ETF funds reached 2.41 thousand ETH, worth approximately 6.08 million USD. Notably, BlackRock's ETF added 6,053 ETH, worth 15.25 million USD to its portfolio, bringing the total amount of ETH held in the fund to 1.677 million ETH, equivalent to 423 million USD. These inflows indicate increasing interest from institutional investors in Ethereum and related investment products. This contributes to the long-term upward price trend of ETH, based on the increase in large electronic capital inflows.
Source: https://tintucbitcoin.com/dong-vao-bitcoin-ethereum-tang-nhanh-ngay/
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