Bitcoin and Ethereum ETFs See Major Inflows

• Bitcoin ETFs saw $83.48M in net inflows, led by iShares.
• Ethereum ETFs netted $109.47M, with BlackRock adding 76,851 ETH.
• iShares now holds over $102B in BTC and ETH combined.

Crypto investment products are showing renewed strength as Bitcoin and Ethereum ETFs record impressive inflows. Over the past day, Bitcoin ETFs brought in a net flow of +722 BTC, worth approximately $83.48 million. At the forefront of this surge is BlackRock’s iShares Bitcoin ETF, which alone attracted 976 BTC, adding $112.86 million to its portfolio.

iShares now commands a total of 749,945 BTC, currently valued at $86.67 billion, cementing its position as a dominant institutional holder of Bitcoin.

Ethereum ETFs Catch Up With Strong Momentum

Not to be outdone, Ethereum ETFs also witnessed substantial activity. The combined net inflow for ETH ETFs was +25,218 ETH, equal to around $109.47 million. Once again, iShares took the lead, pulling in 76,851 ETH, valued at $333.61 million.

With this addition, iShares now holds a total of 3,567,302 ETH, worth an estimated $15.49 billion. This increasing ETH allocation signals growing institutional confidence in Ethereum’s future.

Institutional Demand Signals Long-Term Bullish Sentiment

The aggressive accumulation of both Bitcoin and Ethereum by BlackRock’s iShares highlights the rising institutional appetite for crypto assets. With over $102 billion now held between BTC and ETH, these ETFs are playing a crucial role in driving mainstream crypto adoption.

Such significant inflows suggest a long-term bullish sentiment and could potentially contribute to price stability and increased investor confidence in the broader crypto market.

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