Spot Bitcoin and Ethereum ETFs in the United States continue to attract investor attention. These funds become a significant element of the crypto sector.
Growth in Spot Bitcoin ETFs
On December 17, spot Bitcoin ETFs recorded net inflows totaling $494 million. This indicates investor confidence in the future of the leading cryptocurrency. BlackRock’s ETF, coded IBIT, attracted net inflows of $741 million in a single day.
Attention to Spot Ethereum ETFs
Spot ETFs offered for Ethereum continue to gain popularity. On December 17, these funds received total inflows of $145 million, with investments continuing uninterrupted for 17 days. BlackRock’s ETHA-coded ETF attracted $135 million on the same day.
Significance for the Crypto Market
The current demand for spot Bitcoin and Ethereum ETFs marks a significant event for the market. Institutional investments contribute to increasing their adoption. Inflows led by major players like BlackRock continue to influence market dynamics.
Strong demand for spot Bitcoin and Ethereum ETFs highlights investor trust in these cryptocurrencies, driving their integration into traditional investment portfolios.
