Crypto ETFs See Record Inflows, Led by BlackRock

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With the crypto market sentiment boosted, institutional support has significantly increased. With a new record-breaking day for crypto ETFs, the US-spot Ethereum ETFs recorded the largest inflow of $295.1 million. The inflow rally was spearheaded by Fidelity’s SETH, with $115.5 million worth of inflows. Furthermore, the US-spot Bitcoin ETF registered a massive inflow of more than $1 billion, which is the second-largest inflow ever for spot Bitcoin ETFs. BlackRock IBIT spearheaded the Bitcoin ETF rally with an inflow of $736.3 million.