US #Bitcoin spot #ETFs recorded net inflows of $226.8 million yesterday📅 BlackRock's $IBIT led the way with $116.5 million, followed by ARKB at $72.7 million and Fidelity's #FBTC at $24.1 million, while Grayscale's #GBTC saw net outflows of $45.4 million. On the Ethereum side, spot #ETFs posted net inflows of $38 million on the same day, with BlackRock's ETHA accounting for $34.3 million and little movement elsewhere. BlackRock's products dominated both ETF categories, whereas GBTC continued its persistent outflow trend. Overall, institutional capital is still steadily flowing into spot ETFs across the board. What does this data imply for the current market? Feel free to share your take in the comments. bitcoin:native #Ethereum #SpotETF #Crypto
BiKingShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.