On the last trading day, there was a large inflow of funds into spot Bitcoin ETFs in the US, reaching a total of $510 million. BlackRock’s IBIT ETF led the way in this flow of funds, attracting $230 million in investment. To date, a total of $29.15 billion has been invested in Bitcoin ETFs. In addition, Fidelity’s Bitcoin ETF, codenamed FBTC, made a significant contribution to this growth with $186 million. These developments increase institutional interest in Bitcoin, while indicating that the upward trend in the crypto market is strengthening.
Interest in Ethereum ETFs Increases$ETH
This movement in Bitcoin ETFs was not limited to Bitcoin. Ethereum ETFs also showed a similarly remarkable performance. Ethereum ETFs attracted a total of $147 million in investments by providing positive returns for six consecutive days. During this process, Fidelity's Ethereum ETF codenamed FETH stood out and provided an inflow of $102 million. These developments strengthen Ethereum's position as the "king of altcoins" and have a positive effect on the general market sentiment.
Institutional Investors Increase Interest in Cryptocurrencies
The demand for Bitcoin and Ethereum is increasing, especially among professional investors. This increasing demand has allowed both cryptocurrencies to reach new heights. While Bitcoin broke a historical record by exceeding $92,000, institutional investors continue to invest in these digital assets through ETFs. These developments show that institutional trust in cryptocurrencies is strengthening and investor interest is increasing.
Ethereum’s Long-Term Potential Is Strengthening
The recent performance of Ethereum ETFs is increasing investors’ confidence in Ethereum. Spot Ethereum ETFs, which have been continuously increasing for six days, show that Ethereum has gained long-term value with a total fund inflow of $ 147 million. The intense interest in Fidelity’s FETH ETF in particular reinforces institutional support for Ethereum and the crypto system in general.
Positive Expectations Continue in the Crypto Market
The increasing interest in Bitcoin and Ethereum ETFs indicates a more positive picture in the cryptocurrency market. Experts believe that if this trend continues, digital assets will gain a more solid place in the traditional financial world. Spot ETFs will continue to attract more investors in the future by strengthening the positions of Bitcoin and Ethereum in the financial system.
