Bitcoin ETF: $4.89 Million in Net Inflows, Ether Ends in the Red

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U.S. spot Bitcoin ETFs attracted $4.89 million in net inflows during the latest session, with BlackRock’s IBIT accounting for the entirety of the haul. Spot Ether ETFs saw $1.76 million in net outflows, with Fidelity’s FETH driving the bulk of redemptions. These figures represent a drop in the bucket compared with the hundreds of millions of dollars these vehicles typically absorb on a daily basis. Since their January 2024 launch, U.S. spot Bitcoin ETFs have accumulated tens of billions of dollars in net inflows. Ether continues to pay the price for its late arrival on the U.S. market and the prolonged absence of staking within the regulated wrapper.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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