Crypto ETF Inflows Hit Six Days Straight, Nearing $100B in Assets

Bitcoin and Ether exchange-traded funds (ETFs) have seen significant inflows for six consecutive days, bringing the total assets to nearly $100 billion. On Monday, these ETFs attracted a combined $453 million in new investments. Bitcoin ETFs received $337.56 million, while Ether ETFs brought in $115.57 million.

Blackrock led the way with $208.93 million invested in its Bitcoin ETF. The company's ETHA Ether ETF also saw $90.92 million in inflows. Other notable gains were seen by Solana, XRP, and HYPE crypto ETFs, indicating a broadening institutional interest beyond the top two cryptocurrencies.

The assets under management for Bitcoin ETFs reached $98.56 billion, just shy of the $100 billion milestone. This growth reflects increasing investor confidence in the crypto market and expanding exposure to these investments through ETFs.