Spot in the USA Bitcoin $62,039 And Ethereum 
$2,433 Demand for ETFs has increased again due to the recovery in the cryptocurrency market. According to the latest data, total net inflows to spot Bitcoin ETFs reached $163.45 million. During this period, Bitcoin ETFs of major investment companies such as ARK Invest and Fidelity saw the most interest. Ethereum spot ETFs experienced a more limited inflow.
Strong Interest in Spot Bitcoin ETFs
Spot Bitcoin ETF‘s closed yesterday’s trading day with a total net inflow of $158 million. ARK Invest‘s 21Shares (ARKB) Bitcoin ETF attracted the most investment with a net inflow of $81.07 million. It was followed by $49.88 million Fidelity (FBTC) Bitcoin ETF followed suit. On the other hand, Grayscale And BlackRock In giant funds like these, neither inflow nor outflow was observed. It was particularly striking that BlackRock’s fund neither received investment nor experienced an outflow.
This situation Bitcoin ETF‘s interest is largely concentrated on ARK Invest and Fidelity. Investors have increased their interest in cryptocurrencies again, especially during this period when the cryptocurrency market is showing signs of recovery.
Limited Interest in Spot Ethereum ETFs
Spot Ethereum ETF‘s completed the day with a more limited investment inflow. iShares Ethereum Trust (ETHA) was the spot Ethereum ETF that received the most investment, with a net inflow of $5.24 million. No inflows or outflows were observed in other spot Ethereum ETFs.
Spot Ethereum ETFs saw lower interest than Bitcoin ETFs, closing the trading day with a total inflow of $5.2 million, suggesting that investors are still adopting a more Bitcoin-focused investment strategy.
Overall, investments in spot Bitcoin and Ethereum ETFs in the US are increasing. cryptocurrency marketIt is considered a sign that a new environment of confidence is beginning to emerge in the market. Especially the strong inflows in Bitcoin ETFs clearly show that investor interest in this area has increased.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
