Institutional Investors Pour Record $577 Million into Crypto ETFs

In recent weeks, cryptocurrency exchange-traded funds (ETFs) have seen significant inflows from institutional investors. On September 18, a total of $577 million was invested in Bitcoin and Ethereum ETFs, with Bitcoin alone attracting $433 million.

This influx is a testament to the growing interest in crypto assets among traditional investors. Despite previous outflows, the sector has shown resilience, with month-to-date net flows reaching $622.7 million by September's end.

Ethereum ETFs have been gaining traction, closing the gap with Bitcoin's inflows. In one week alone, Ethereum ETFs secured $713 million, while Bitcoin's haul was $884 million.