Spot bitcoin ETFs attract $433M in a day, ether ETFs $144M
- —Fidelity's FBTC attracted $311 million of the $433 million inflow into bitcoin ETFs
- —BlackRock's ETHA received $114 million of the $144 million inflow into ether ETFs
- —Bitcoin ETF assets stand at $102.53 billion, or 6.29% of BTC's market cap
- —Cumulative historical inflows: $55.16 billion into BTC ETFs and $13.25 billion into ETH ETFs
Why it matters: The return of large inflows signals a recovery in institutional demand after a series of mixed sessions.
Source: Crypto Briefing