US Spot Bitcoin ETFs See $1.18 Billion Inflows, Largest Since November 2024
According to Farside Investors, US spot Bitcoin ETFs recorded $1.19 billion in net inflows, the second-largest single-day figure to date, while Ethereum ETFs attracted $176.6 million.
BTC
ETH
Summary
US spot Bitcoin ETFs registered $1.1901 billion in net inflows yesterday, marking the second-highest daily inflow ever recorded, according to Farside Investors. Spot Ethereum ETFs also saw significant demand, posting $176.6 million in net inflows. The figures highlight sustained institutional and retail interest in major cryptocurrency ETFs amid favorable market sentiment.
Terms & Concepts
- Spot Bitcoin ETF: An exchange-traded fund that directly holds Bitcoin, allowing investors to gain exposure to the cryptocurrency's price movements without owning it.
- Spot Ethereum ETF: An exchange-traded fund that directly holds Ether, providing exposure to Ethereum’s price performance through a regulated financial product.