
BlackRock's Ethereum ETF Draws $51M as Bitcoin Funds Add $347M
- —BlackRock's Ethereum ETF took in $51 million in one trading day
- —U.S. Bitcoin ETFs added $347 million on the same day
- —BlackRock was cited as the leading source of demand in both products
- —The figures cover a single day and do not confirm a sustained trend
Why it matters: Simultaneous inflows into Bitcoin and Ethereum ETFs suggest institutional risk appetite is broadening rather than rotating into a single asset.
Source: Bitcoin Insider