Blackrocks Bitcoin and Ether ETFs Attract High Inflows on Successful Trading Day

Blackrocks Bitcoin and Ether ETFs Attract High Inflows on Successful Trading Day

According to recent data, U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows totaling $135.95 million on Tuesday. Spot ether ETFs also performed admirably, attracting $62.51 million in fresh capital.

**U.S. Bitcoin ETFs Garner $135M Inflows, Ether Funds Close Behind with $62M**

It was a robust day for both U.S. spot bitcoin and ether ETFs, demonstrating impressive inflow figures.

Leading the charge in bitcoin ETFs was BlackRock’s IBIT, which brought in $98.89 million. Following closely was Bitwise’s BITB, which added $17.41 million, and Fidelity’s FBTC, which secured $16.8 million. Grayscale’s Mini Bitcoin Trust rounded out the group with $2.85 million.

The remaining funds remained stable, showing no movement in either direction. The nearly $136 million in inflows has pushed the cumulative total since January 11 to $17.83 billion. As reported by sosovalue.xyz, around $1.11 billion was traded among these funds. Collectively, the 12 funds now manage $58.67 billion in BTC, which accounts for 4.62% of bitcoin’s overall market capitalization. Ether ETFs also enjoyed a strong performance, pulling in $62.51 million.

Across the nine ether ETFs, a total of $180.42 million was traded. BlackRock’s ETHA once again led the pack, attracting $59.25 million, while Vaneck’s ETHV gathered $1.94 million, and Invesco’s QETH captured $1.32 million. These inflows have helped mitigate the cumulative net outflows since July 23, which now stand at $624.17 million. Currently, the nine funds control $7.2 billion in ETH, representing 2.26% of ether’s market cap.

What are your thoughts on the recent developments in spot bitcoin and ether ETFs? We invite you to share your opinions on this topic in the comments section below.

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