Bitcoin and Ethereum Spot ETFs have seen the highest daily fund entry since January! Here are the details

Crypto para While the winds of the rise in the market, Bitcoin ve Ethereum’a Based US Spot ETFs have seen the highest daily fund entry since January with a combined net introduction of $ 1.05 billion on Thursday.

Bitcoin and Ethereum ETFs have recorded the highest daily entrance since January: exceeded $ 1 billion

This powerful introduction was achieved when Bitcoin reached the highest level of all time and Ethereum’s best performance for months.

On May 22, Spot Bitcoin ETFs attracted attention with a total of $ 934.8 million entry, while this figure was the highest daily fund flow since January 17th.

Blackrock’s IBIT funds alone: ​​$ 877.2 million dollars. Fidelity’s FBTC fund flowed $ 48.7 million and $ 8.9 million in Ark Invest’s ARB FUND. In other Bitcoin ETFs, zero entrance was recorded on the same day.

IBIT has taken its place among the top five ETFs with the highest number of funds since the New Year, withdrawing more than $ 7.7 billion in the last month. The assets of the fund under the management reached $ 68.7 billion.

In the last seven days, a total of $ 3.2 billion entry to Spot Bitcoin ETFs, since the beginning of the year, the figure has increased to $ 9.1 billion and a cumulative total of $ 44.6 billion since the launch in January 2024.

Spot Ethereum ETFs on the same day with a net entry of 110.5 million dollars since February 4, the highest daily fund flow noted.

Grayscale’s Ethe Fund 43.7 million dollars, Fidelity’s conquest product 42.2 million dollars, Bitwise’s ETHW fund 5.7 million dollars. However, some products, including Blackrock’s Etha Fund, have been shown zero.

Ethereum ETFs have been released in succession for the last five days. In this process, a total of 211.8 million dollars funds, while the net entrance since the New Year has reached $ 61.9 million and the total cumulative entry reached 2.7 billion dollars.

“Yesterday’s ETF entrances were extraordinary. It supports the tendency to rise in the market,” said Valentin Fournier, Fournier.

Michael Harvey of Galaxy, on the other hand, said that some of this demand was met through the sale of crypto beings seized by governments and the realization of profit of individual investors, but the main guiding factor was ‘risk -taking’ and corporate purchases.

*It is not an investment advice.