Ethereum Spot ETFs See $78.2 Million Net Inflow in U.S.

On June 5, Bitcoin ETFs recorded a net inflow of 1,031 BTC, valued at approximately $10.9 million, reflecting growing institutional interest in cryptocurrency investments.

BTC
ETH

Summary

On June 5, Bitcoin ETFs saw a net inflow of 1,031 BTC, valued at around $10.9 million, with iShares leading the inflow. Ethereum ETFs also experienced a net inflow of 22,029 ETH, totaling approximately $5.79 million. This indicates a rising institutional interest in cryptocurrency investments.

Terms & Concepts
  • Ethereum Spot ETF: An exchange-traded fund that directly invests in Ethereum, allowing investors to gain exposure to the cryptocurrency's price movements.
  • IBIT: A Bitcoin-focused investment vehicle by BlackRock, enabling institutional and retail investors to gain indirect exposure to Bitcoin.