Bitcoin ETFs saw inflows of 5,572 BTC, led by ARK21Shares, indicating rising institutional interest in the asset.
Ethereum ETFs received 22,921 ETH in capital inflows, with Grayscale contributing the largest portion, signaling cautious optimism.
Bitcoin’s futures markets showed increased activity with higher open interest and liquidations, reflecting market volatility.
Institutions are piling into Bitcoin and Ethereum, with fresh capital flooding into ETFs. Analyst Lookonchain flagged the massive inflows, a bullish signal that suggests big players are feeling confident despite the market’s recent choppiness.
Sept 27 Update:
10 #Bitcoin ETFs
NetFlow: +5,572 $BTC(+$369.85M)
#ARK21Shares inflows 1,743 $BTC($115.7M) and currently holds 47,599 $BTC($3.16B).
9 #Ethereum ETFs
NetFlow: +22,921 $ETH(+$61.66M)#Grayscale Ethereum Mini Trust inflows 10,365 $ETH($27.88M) and currently… pic.twitter.com/I5sjPQoEmy
— Lookonchain (@lookonchain) September 27, 2024
From data, ten Bitcoin ETFs added a net inflow of 5,572 BTC, valued roughly $370 million. ARK21Shares led the pack, with an inflow of 1,743 BTC worth $115.7 million, bringing its total holdings to 47,599 BTC, value…
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