CoinDesk·2 min read·medium
Live markets: Bitcoin, ether ETFs draw inflows as majors rise as much as 5%
S
Shaurya Malwa
✦AI Summary
Bitcoin and ether exchange-traded funds (ETFs) saw significant inflows, with BlackRock's products leading the market. This surge in investment coincided with a strong price rally for both major cryptocurrencies.
BlackRock's IBIT drove almost all of it, pulling in roughly $139 million, with Fidelity's FBTC adding about $21 million. No bitcoin fund lost money. On the ether side, BlackRock's ETHA accounted for the entire net figure at about $58 million, with every other fund flat.
businesscryptoeconomy
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