Crypto ETFs See Record Inflows, Led by BlackRock 📈
Institutional support for crypto ETFs has grown, leading to record inflows. The sentiment in the crypto market has improved, contributing to a notable increase in investments.
US-spot Ethereum ETFs were particularly successful, recording an inflow of $295.1 million. This surge was largely due to Fidelity’s SETH, which alone saw $115.5 million in investments.
Additionally, US-spot Bitcoin ETFs also experienced a significant influx, indicating strong interest from institutional investors. BlackRock played a pivotal role in this investment trend.
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