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Bitcoin and Ethereum ETFs Shine: Fidelity, Grayscale, and Bitwise Dominate Coinpedia 59 minutes ago

Bitcoin and Ethereum ETFs Shine: Fidelity, Grayscale, and Bitwise Dominate 📈

Bitcoin and Ethereum exchange-traded funds (ETFs) are witnessing notable growth in inflows, marked by substantial institutional backing. Bitcoin ETFs have seen a remarkable net inflow totaling $39.26 million, indicating strong market interest.

Fidelity’s FBTC leads the pack in Bitcoin ETFs with significant inflows of $37.20 million, followed by Grayscale's BTC fund, which attracted $15.08 million.

In the Ethereum ETF landscape, the US spot Ethereum ETF experienced daily inflows amounting to $4.47 million, with Bitwise's ETHW emerging as a frontrunner.

The notable investments by major players like Fidelity, Grayscale, and Bitwise underscore the enduring appeal and growing confidence in cryptocurrency ETFs as a viable financial product.

Source: coinpedia.org ↗