Bitcoin ETFs Reach Over 3,300 BTC as Funds Add $345 Million While ETH See $100M in Inflows
Bitcoin ETFs continued to attract substantial demand, recording a combined net inflow of 3,302 BTC (approximately $345.62 million) today.
Among the ten active Bitcoin ETFs, ARK 21Shares recorded the largest single-day purchase, adding 1,317 BTC (worth $137.84 million) to bring its total holdings to 46,614 BTC (valued at $4.88 billion).
Other Notable Bitcoin ETFs Inflows
Other notable Bitcoin ETFs inflows were from Fidelity, which added 1,287 BTC, and iShares (BlackRock), which increased its position by 545 BTC, bringing its total Bitcoin holdings to 660,138 BTC. Bitwise attracted 136 Bitcoin, Valkyrie reportedly got 104 Bitcoins, and Invesco Galaxy gathered 79 BTC.
Both VanEck and Franklin stayed the same, owning 15,011 BTC and 5,050 BTC, respectively. The trust also saw a minor BTC balance transfer of 140 BTC but did not change in its total holdings, which remain at 43,534 BTC.
All in all, Bitcoin ETFs seeing many new funds shows that institutions are still interested in Bitcoin long-term.
The increase of more than 3,300 BTC shows Bitcoin is solidly placed as a prominent digital currency in the traditional financial world.
Ethereum ETF Inflows Exceed 38,000 ETH, Valued Above $100 Million
Ethereum ETFs also saw robust activity today, with nine products reporting a net inflow of 38,478 ETH (approximately $100.43 million).
iShares (BlackRock) led the charge, adding 29,360 ETH (worth $76.63 million) and now holding 1,465,449 ETH (valued at $3.82 billion). The contributions by Fidelity and Franklin were 7,992 ETH and 1,139 ETH, respectively.
67 more ETH entered the company compared to last quarter. Bitwise, VanEck, and 21Shares did not change their overall Ethereum share, making no net changes.
Conversely, Grayscale reported some Ethereum being withdrawn, and its mini trust saw a decrease of 2 ETH, so it finished with 502,453 ETH.
Even though the numbers are still small, the rise in Ethereum-oriented ETFs suggests investors are getting more confident in Ethereum’s future.
Impact on Markets and Market Outlook
Investors signal they are still bullish about Bitcoin and Ethereum due to the large amounts flowing into their ETFs. Funding from these cash flows is making it clear that traditional asset managers and large funds are eager to invest money in these new asset classes.
Because the rules about Bitcoin and Ethereum ETFs are getting clearer and more people use them, the ongoing demand for these ETFs points to their increased role in a well-diversified portfolio.
Investors and market observers are paying close attention to see if these inflows remain, which could further boost the prices of Bitcoin and Ethereum .
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