Bitcoin ETF and Ether ETF Lead $1.2B in Inflows for Crypto Funds

Monday, 30 September 2024, 10:15

Bitcoin ETF and Ether ETF have driven significant investment, with total inflows reaching $1.2 billion last week. CoinShares reports that Ether funds saw $87 million and Bitcoin products accounted for $1 billion of this increase, marking a pivotal moment for crypto investors.
Coindesk
Bitcoin ETF and Ether ETF Lead $1.2B in Inflows for Crypto Funds

Bitcoin ETF and Ether ETF Show Strong Performance

In a remarkable turn of events, Bitcoin ETF and Ether ETF have attracted $1.2 billion in inflows over the past week, indicating a revitalization in crypto investment products. This influx is the highest seen in ten weeks.

Significant Inflows in Ether and Bitcoin Funds

Ether funds experienced a resurgence with $87 million in net inflows, breaking a troubling five-week losing streak. Meanwhile, Bitcoin products led the way, contributing $1 billion to the total. These developments underline a growing interest in crypto funds.

  • Bitcoin ETF: $1 billion inflow
  • Ether ETF: $87 million inflow

for additional details and insights into this trend, consider visiting CoinShares.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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