ETFs Flooded With Over $900M as Bitcoin and Ethereum Funds Keep Breaking Records

The spot Bitcoin ETFs saw their ninth consecutive day of net inflows on Thursday before experiencing net outflows on Friday, totaling over $900 million in the week. The funds attracted nearly $3 billion in the past two weeks alone, with cumulative total net inflows rising from under $52.8 billion to $54.63 billion.

The Ethereum ETFs, however, continued their impressive streak, attracting over $824 million in net inflows for the week. Thursday was the most notable day, with $234.51 million entering the funds.

This uptick in investment comes after a significant change in investor behavior, which saw spot Bitcoin ETFs pour in nearly $2 billion after the US Treasury Department's pivot in its monetary policy.