Bitcoin and Ethereum ETFs are both attracting capital, the frenzy continues!

Last week (April 21-25, Eastern Time), the Bitcoin ETF had a net inflow of $3.06 billion, while the Ethereum ETF also garnered $157 million.

In the Bitcoin camp, BlackRock's IBIT stood out with an inflow of $1.45 billion, bringing its total net inflow to $41.2 billion; ARKB secured $621 million, setting a new record with a total inflow of $3.11 billion.

On the Ethereum side, Fidelity's FETH saw an inflow of $68.59 million, with a historical inflow of $1.43 billion; BlackRock's ETHA attracted $64.18 million, with a total inflow of $4.11 billion. The only one that faltered was Grayscale's ETHE, which saw an outflow of $32.02 million last week, bringing its total outflow to $4.28 billion.

As of the time of writing, the total net asset value of Bitcoin ETFs is $109.27 billion, accounting for 5.8% of Bitcoin's market value; Ethereum ETFs have a total net asset value of $6.14 billion, accounting for 2.83%.

In short: the frenzy continues with big bets on Bitcoin, which leads the way, while Ethereum is slowly catching up, and there's not much time left for those holding cash.