Bitcoin & Ethereum ETFs Surge With $420M in New Investments

Investment in Bitcoin and Ethereum Exchange-Traded Funds (ETFs) reached a remarkable $420 million on May 27th, signaling growing investor confidence in crypto assets. Bitcoin ETFs attracted a significant $385.4 million in inflows, equivalent to roughly 3,520 BTC. Ethereum ETFs received $38.8 million, adding around 15,140 ETH. Over 18,000 BTC and ETH were purchased through these ETFs in a single day. This surge reflects a shift towards regulated and safer ways for investors to participate in the crypto market.