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coinpedia 2024-12-14 07:16:32

Bitcoin & Ethereum ETFs Add Over $3 Billion This Week!

The post Bitcoin & Ethereum ETFs Add Over $3 Billion This Week! appeared first on Coinpedia Fintech News The U.S. spot ETFs have concluded this week with a positive flow. Notably, both the ETFs have simultaneously recorded a positive flow for 2 consecutive weeks for the first time. During this week, the Bitcoin ETF added $2.167 billion, whereas the Ethereum ETF added $854.8 million. Reportedly, this is also the largest weekly inflow for ETH ETFs since its inception. Moreover, BlackRock ETFs led the charge in both Bitcoin and Ethereum as it brought in $1.514 billion with “IBIT” and $523.1 million with “ETHA” between 09th and 13th December.