**ETF Inflows: September 24, 2024**
In a notable development in the cryptocurrency market, Bitcoin exchange-traded funds (ETFs) recorded a substantial net inflow of $136 million this past week. This influx not only reflects the growing institutional interest in Bitcoin but also signals an overall positive sentiment towards the leading cryptocurrency as it continues to dominate discussions among investors.
Meanwhile, Ethereum ETFs also saw significant activity, with a net inflow of $62.5 million. This rise underscores Ethereum’s importance in the crypto ecosystem and indicates that investors are increasingly optimistic about its future, especially in light of ongoing developments in decentralized finance and smart contracts.
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As these trends unfold, market participants are watching closely how these inflows will impact the prices of both Bitcoin and Ethereum in the coming weeks. The growing popularity of cryptocurrency ETFs is likely to play a crucial role in shaping the landscape of digital asset investment.