A total of $163.45 million was invested in spot Bitcoin ETFs in the US, with ARK Invest and Fidelity standing out as the most popular funds. On the other hand, spot Ethereum ETFs saw limited inflows of just $5.24 million. Strong investment flows in Bitcoin ETFs, along with signs of recovery in the markets, are boosting investor confidence.

Spot Bitcoin ETFs in the US are trading at $63,541, while Ethereum ETFs have risen to $2,559. According to the latest data, total net inflows into spot Bitcoin ETFs have reached $163.45 million. The funds that attracted the most attention during this process were ARK Invest and Fidelity's Bitcoin ETFs. Investment inflows in Ethereum spot ETFs were more limited.

Spot Bitcoin ETFs closed yesterday’s trading day with a total net inflow of $158 million. ARK Invest’s 21Shares (ARKB) Bitcoin ETF stood out as the fund that attracted the most investment with a net inflow of $81.07 million, followed by Fidelity (FBTC) Bitcoin ETF with an inflow of $49.88 million. Large funds such as Grayscale and BlackRock saw neither inflows nor outflows. BlackRock’s fund in particular drew attention with neither investment nor outflows. This shows that interest in Bitcoin ETFs is largely concentrated on ARK Invest and Fidelity. Investors have increased their interest again as they see signs of recovery in the cryptocurrency market.

Limited Interest in Spot Ethereum ETFs$ETH

Spot Ethereum ETFs closed the day with a net inflow of $5.24 million. iShares Ethereum Trust (ETHA) was the spot Ethereum ETF with the most investment. Other spot Ethereum ETFs recorded no inflows or outflows.

As a result, spot Ethereum ETFs, which closed the day with a total inflow of $5.2 million, saw lower interest compared to Bitcoin ETFs. This situation reveals that investors are still adopting a Bitcoin-focused strategy. In general, increasing investments in spot Bitcoin and Ethereum ETFs in the US are considered an indicator of a renewed confidence in the cryptocurrency market. Strong inflows in Bitcoin ETFs in particular clearly show that investor interest in this area has increased.

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I EXPLAIN IN DETAIL.

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