$ETH $ETH
Breaking news!
Bitcoin ETF absorbed $550 million in a single day,
Ethereum ETF saw a net inflow of $110 million simultaneously!
On September 12, Farside Investors monitored an astonishing flow of funds: the U.S. Bitcoin spot ETF had a net inflow of $552.7 million yesterday, marking four consecutive days of "capital absorption"! Among them, BlackRock's IBIT took in $366.2 million, while Fidelity's FBTC captured $134.7 million.
Even more impressive, the Ethereum spot ETF also saw a simultaneous net inflow of $113.1 million, with Fidelity's FETH netting $88.3 million in a single day!
This series of actions can be described as a "capital carnival":
1️⃣ Bitcoin ETF has seen capital absorption for 4 consecutive days: institutional funds are pouring in wildly, led by the two giants BlackRock and Fidelity, demonstrating traditional capital's strong confidence in the crypto market;
2️⃣ Ethereum ETF also exploded simultaneously: $113.1 million net inflow, with Fidelity monopolizing nearly $90 million, indicating that ETH is becoming the new darling for institutional allocation;
3️⃣ The flow of funds suggests a trend: the Bitcoin ETF's continuous net inflow, followed closely by the Ethereum ETF, indicates that the market may be brewing a new wave of upward dynamics.
Will this wave of capital flood push up coin prices? Why are institutions heavily investing in crypto assets at this time? Should retail investors follow the trend or remain cautiously observant? When traditional financial giants collectively "go all in", is the spring of the crypto market really here? We will continue to monitor!
