Bitcoin and Ethereum ETFs have experienced a net positive inflow of $78.68 million, showcasing the rising institutional interest in these leading cryptocurrencies. On November 29, Bitcoin ETFs saw a significant net inflow equivalent to 415 BTC, valued at $40.83 million. This trend underscores the continued attraction of Bitcoin to institutional investors.
Similarly, Ethereum ETFs recorded a substantial net inflow of 10,500 ETH, worth $37.85 million. This surge in investments highlights the growing confidence and demand for Ethereum as a valuable digital asset. These inflows coincide with Bitcoin trading at $96,705, marking a 0.29% increase over 24 hours and a notable 30-day growth.
The demonstrated interest in both Bitcoin and Ethereum ETFs suggests a strong bullish sentiment within the market, with institutions increasingly engaging in the crypto space. This movement is likely influenced by the overall positive performance and stability of the crypto market.