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BitcoinSistemi 2025-01-07 12:04:08

Bitcoin and Ethereum Spot Exchange Traded Funds (ETFs) Started the New Year with Strong Inflows! Here Are the Details

Spot exchange-traded funds (ETFs) for Bitcoin and Ethereum recorded significant inflows on Jan. 6, highlighting the growing institutional interest in cryptocurrency investments as the new year begins. Bitcoin and Ethereum Spot ETFs See Significant Inflows Reflecting Growing Institutional Interest Bitcoin-focused ETFs saw a strong start to 2025, seeing a total of $987 million in net inflows. Among the leading ETFs, Fidelity’s FBTC stood out with $370 million in net inflows, while BlackRock’s IBIT followed closely with $209 million in new investments. These inflows underscore Bitcoin’s growing appeal as a long-term asset for institutional investors, particularly as anticipation builds around favorable regulatory and economic conditions in the United States. Ethereum spot ETFs also saw notable activity, with net inflows totaling $129 million. BlackRock’s ETHA ETF accounted for most of this influx, recording single-day net inflows of $124 million, reflecting strong interest in Ethereum’s potential as a foundational layer for decentralized applications and smart contracts. As of January 6, the total net asset value (NAV) of Ethereum spot ETFs reached an impressive $13.466 billion, further solidifying Ethereum’s position as the second-largest cryptocurrency by market cap and a critical component of institutional portfolios. *This is not investment advice. Continue Reading: Bitcoin and Ethereum Spot Exchange Traded Funds (ETFs) Started the New Year with Strong Inflows! Here Are the Details

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