Crypto
Bitcoin and Ethereum ETFs See Significant Net Inflows
Bitcoin ETFs have seen significant net inflows in recent days, according to data from lookonchain. Over the past 24 hours, Bitcoin ETFs logged a net inflow of +182 BTC ($14.42M), while Ethereum ETFs recorded a daily increase of +3,844 ETH ($9.61M).
Looking at a seven-day period, the numbers are even more substantial. Bitcoin ETFs have seen a net inflow of +12,267 BTC ($969.52M) over the past week, while Ethereum ETFs added +12,262 ETH ($30.66M) to their holdings.
The data from lookonchain provides valuable insights into the flows of capital in and out of these ETFs, which can have significant implications for the broader cryptocurrency market.