Record Bitcoin & Ethereum ETF Inflows: $1 Billion Day Swings Market

US spot Bitcoin and Ethereum ETFs experienced record inflows, totaling a staggering $1.05 billion in a single day. This influx highlights growing investor confidence in crypto investment products, particularly for Bitcoin. BlackRock’s IBIT took the lead, securing a massive $877.2 million in inflows, signaling its dominance within this market segment. This significant surge in ETF flows is attributed to increased adoption and confidence in crypto ETFs amidst market volatility.