ETF Flows: Bitcoin Sees $39M Influx, Ethereum Follows with $25M
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
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**ETF Flows: August 13, 2024**
The cryptocurrency market continues to attract significant interest, as indicated by recent ETF flows. Bitcoin ETFs have experienced a notable net inflow of $39 million. This influx suggests that investors remain bullish on Bitcoin’s prospects despite the market’s volatility.
Ethereum ETFs have also seen substantial interest with a $25 million net inflow. This positive movement demonstrates growing confidence in Ethereum’s potential, likely fueled by ongoing developments in the Ethereum network and broader adoption of decentralized applications.
These inflows highlight the continuing enthusiasm and optimism in the crypto market, with investors increasingly looking to ETFs as a vehicle for exposure to major cryptocurrencies.