Record Institutional Inflows into Bitcoin and Ethereum!
Cryptocurrency ETFs had a historic week with net inflows of $785 million:
• $557 million inflows into Bitcoin funds
• $205 million into Ethereum funds
Year-to-date inflows have exceeded $7.5 billion, a clear sign of continued institutional momentum in the crypto market.
⏺️ BlackRock's IBIT Fund Exceptional Performance
The IBIT Fund recorded an estimated daily trading volume of $3 billion, reflecting the strong demand for Bitcoin from major investors and financial institutions.