Crypto
US Spot Bitcoin and Ether ETFs See Record-Breaking Influx
A record-breaking influx of funds has been seen in the spot Bitcoin ETFs in the US over the past five days, with a total of $347 million pouring in.
The influx has been consistent, with each day seeing a significant amount of money flowing into these investment vehicles. On September 23rd, spot Bitcoin ETFs saw an influx of $347 million, while on the same day, spot Ether ETFs received $105 million.
BlackRock's IBIT fund stood out as it took in approximately half of the daily inflows with $166 million. The same day, ETHA received $50.8 million.
The previous high for daily inflows into spot Bitcoin ETFs was seen on September 21st at a staggering $998.95 million, which is equivalent to about an 11-month high.