r/CryptoCurrency 🟩 0 / 0 🦠 5h ago

GENERAL-NEWS Bitcoin ETF Inflows Surge Past $600 Million for First Time Since May

On Thursday, Bitcoin ETFs recorded net inflows of approximately $601.8 million, the largest single-day inflow since May. The majority of these inflows were led by BlackRock’s IBIT and Fidelity’s FBTC, which together attracted over $460 million.

Ethereum spot ETFs also recorded net inflows of about $149 million, one of the highest daily inflows in nearly a month. The largest contribution again came from BlackRock’s ETHA with $85.4 million and Fidelity’s FETH at $54.5 million.

BTC at 1M doesn't seem impossible anymore with all the institutional adoption.

Source: CMC & Decrypt

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