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High Investments Pouring Into Bitcoin and Ethereum ETFs

High Investments Pouring Into Bitcoin and Ethereum ETFs

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by Giorgi Kostiuk

a year ago


Bitcoin and Ethereum ETFs have amassed $3.56 billion in investments, coinciding with both cryptocurrencies hitting new price highs. This growth underscores the increasing acceptance of cryptocurrencies as a mainstream investment choice.

Increase in Bitcoin and Ethereum ETF Investments

Last week, Bitcoin and Ethereum ETFs experienced massive inflows as both cryptocurrencies reached new price peaks. Bitcoin ETFs saw a resurgence with $2.73 billion directed primarily to BlackRock's IBIT fund, pushing Bitcoin's price above $100,000. Ethereum ETFs also attracted $836.8 million as its price surpassed $4,000. These record investments highlight the growing appeal of crypto ETFs as a viable alternative investment option.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.