đBreaking: Crypto Stocks Rally After Massive $1.8B Bitcoin, ETH ETF Inflow
đBlackRock iShares Bitcoin Trust (IBIT), and Robinhood (HOOD), among others, rallying significantly, riding on the wave of positive sentiment generated by the latest report from CoinShares. Nevertheless, new Bitcoin ETF issuers managed to counterbalance this trend, attracting a total of $3.2 billion in inflows. While Bitcoin remained the primary focus for investors, Ethereumâs resurgence signaled renewed interest in alternative cryptocurrencies. In addition, the gains in the crypto stocks also reflect the growing interest of traders in the digital asset sector. despite the overall positivity, market responses varied across regions. Notably, Switzerland experienced inflows of $20 million, contrasting with outflows from Sweden, Germany, and Canada totaling $32 million, $35 million, and $23 million, respectively. #TrendingTopic #ETHâ #ETFsApproval #ETH $ETH
