Bitcoin and Ethereum ETFs Attract Billions in Weekly Inflows 📈
Between September 29 and October 3, Bitcoin spot ETFs experienced a significant net inflow of $3.24 billion, marking the second-largest weekly inflow ever recorded. This surge in investment reflects growing confidence and interest from institutions in the cryptocurrency market.
Ethereum spot ETFs also saw substantial inflows of $1.3 billion, with all nine ETFs reporting positive gains. The robust inflows into both Bitcoin and Ethereum ETFs underscore the rising institutional demand and potential optimism about the future of these cryptocurrencies in the financial markets.
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