Bitcoin and Ethereum Exchange-Traded Funds (ETFs) in the Spotlight
Last week, Bitcoin exchange-traded funds recorded net inflows of $1.55 billion, down from $3.65 billion the previous week. The cash inflow wave for May ended on May 6, when investors withdrew $85.7 million. Among the issuers, BlackRock topped the list with inflows of $2.07 billion, while ARK (21Shares) saw the largest outflows of $253 million from Bitcoin exchange-traded funds.
Ethereum exchange-traded funds recorded net inflows of $24.8 million over seven days, a sharp decline from $221 million the previous week.
