Spot-Crypto ETFs See Record Inflows as Investor Appetite Grows
US spot-Bitcoin ETFs have seen significant inflows in recent days. According to data from Farside, these funds drew a net $1.9178 billion this week, marking their largest weekly net inflow since last year's October 11 selloff.
This influx of capital was not isolated to Bitcoin; US spot-Ethereum ETFs also saw substantial growth, with $692.6 million in net inflows over the same period. Both types of funds posted net inflows for five consecutive trading sessions.
The trend suggests that investors are increasingly turning to these products as a means of accessing cryptocurrency markets. The past week's performance marks a significant milestone for US spot-Bitcoin ETFs, which have been gaining traction in recent months.