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BitcoinSistemi 2025-01-22 07:53:09

Investment Giant BlackRock Continues Its Leadership in Both Bitcoin and Ethereum ETFs! Here Are the Details

The cryptocurrency market continues to attract institutional capital, with both Bitcoin and Ethereum spot exchange-traded funds (ETFs) reporting significant net inflows. Bitcoin and Ethereum Spot ETFs See Steady Inflows Amid Rising Investor Confidence Bitcoin Spot ETF Sees $802 Million Net Inflow Bitcoin spot ETFs recorded a total net inflow of $802 million, marking the fourth consecutive day of significant capital inflows. BlackRock ETF (IBIT): Took the lead with $662 million inflows. Total Net Asset Value (NAV): Reached an impressive figure of $123.59 billion, cementing Bitcoin’s status as a dominant force in institutional portfolios. Ethereum Spot ETF Maintains Momentum with $74.43 Million Net Inflows Ethereum spot ETFs extended their streak for the fifth consecutive day with total net inflows of $74.4275 million on Jan. 21. BlackRock ETF (ETHA): Accounted for $56.3138 million of inflows. Grayscale ETF (ETH): Added $12.4943 million to total inflows. Total Net Asset Value (NAV): Reached $12.068 billion, reflecting growing institutional interest in Ethereum as a cornerstone of decentralized finance and blockchain innovation. Continued inflows into Bitcoin and Ethereum ETFs reflect growing investor confidence in digital assets amid improving regulatory environments and wider adoption of cryptocurrency in traditional finance. Bitcoin’s dominance, whose NAV eclipses Ethereum’s, is supported by its appeal as “digital gold” and an inflation hedge. Meanwhile, Ethereum continues to attract attention for its utility in decentralized applications, DeFi, and tokenization initiatives. *This is not investment advice. Continue Reading: Investment Giant BlackRock Continues Its Leadership in Both Bitcoin and Ethereum ETFs! Here Are the Details