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Crypto

Bitcoin and Ethereum ETFs See Record Inflows Amid Cautious Market

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Despite a lack of price movements among leading digital assets, institutional interest in Bitcoin and Ethereum remains strong. According to recent data, BlackRock's IBIT and ETHA led over $260 million in fresh ETF capital into these two cryptocurrencies.

The total crypto market capitalization rose to approximately $2.19 trillion, while the Fear and Greed Index remained at 38 points, signaling cautious investor sentiment.

US spot BTC ETFs recorded another day of positive flows, with total net inflows reaching $211.5 million, led by BlackRock's IBIT attracting $170.3 million. Fidelity's FBTC also saw significant new capital, at $19.6 million.

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