spotlight in the USA Bitcoin $101,762.8 And Ethereum 
$3,677.8 The remarkable increase in interest in ETFs continues. As of December 18, spot Bitcoin ETFs recorded a total net inflow of $275 million. BlackRock’s IBIT ETF stood out with a net inflow of $360 million alone. Spot Ethereum ETFs also recorded a total net inflow of $2.4513 million. BlackRock’s ETF coded ETHA attracted attention with a net inflow of $81.9069 million.
Reasons for the Increase in Interest in Spot Bitcoin ETFs
Spot Bitcoin ETFThe continued inflows to currencies and this constant increase in interest are attributed to the increase in investors’ interest in cryptocurrencies. BlackRock’s IBIT ETF is in high demand from investors due to its credibility in the industry. The recent performance of this ETF supports the positive sentiment in the market in general.
Additionally, the increase in inflows into spot Bitcoin ETFs can be explained by market-wide optimism and rising institutional investor interest. The fact that net inflows continue for 15 consecutive days indicates the stability of this investment instrument.
Demand for Spot Ethereum ETFs Is Also Growing
On the other hand, in the USA spot Ethereum ETFThe continuity in the entrances to the ‘s also attracts attention. BlackRock’s ETHA ETF stands out as one of the primary intermediaries attracting investor interest. Net inflow of $81.9069 million altcoin It shows that the popularity of king Ethereum is increasing.
The increase in interest can be attributed to Ethereum being supported by new technological developments and the increase in interest in Blockchain-based applications. The strengthening of Ethereum’s market value is spot on ETFIt makes ‘s attractive to investors.
As a result, the intense interest in spot Bitcoin and Ethereum ETFs reveals the increase in trust and institutional demand in cryptocurrencies. Experts expect this trend on the ETF side to continue in the coming period.
Disclaimer: The information contained in this article does not constitute 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.
