Crypto ETFs Attract Nearly $1B as Ethereum Funds Keep the Streak Alive
Bitcoin exchange-traded funds (ETFs) have seen nearly $1 billion in inflows over the past week, despite a net outflow of $236 million on September 1. This resilience indicates a strong demand from investors for exposure to the largest cryptocurrency.
The Ethereum ETFs have also continued their streak, registering net inflows in eight out of the last nine weeks. This sustained adoption suggests that investors are becoming increasingly interested in crypto-related investment flows and DeFi exposure.
Bitcoin's spot exchange-traded funds tracked a 17.9% increase in 24-hour spot volume, reaching $30.59 billion. The Ethereum ETFs saw more inflows than outflows for eight of the past nine weeks.