#BTCvsMarkets Massive ETF Movements: BlackRock’s IBIT Sees $596M Inflow, ETHA Trails
In a striking shift in investor sentiment, BlackRock's iShares Bitcoin Trust (IBIT) saw a massive $596.1 million net inflow, according to data from Farside Investors. This surge highlights growing confidence in Bitcoin ETFs amid a broader crypto market rebound.
Meanwhile, BlackRock's Ethereum Trust (ETHA) attracted a more modest $16.7 million, reflecting a comparatively cautious stance among investors toward Ethereum-based products.
These ETF movements come as the global crypto market cap crosses $3 trillion, signaling renewed bullish momentum. Investors are closely watching ETF trends, which now play a crucial role in shaping market dynamics.
