Bitcoin and Ethereum ETFs See Massive $400 Million Inflows

A surge in investment activity was witnessed in Bitcoin and Ethereum exchange-traded funds (ETFs) as inflows exceeded $400 million on June 11th. Bitcoin’s ETFs gained a net of $164.6 million, while Ethereum’s saw an even larger influx of $240.3 million. Over 1,490 BTC and 85,340 ETH were bought within a single day, highlighting growing investor confidence in the digital asset market. These inflows may be driven by both institutional investors anticipating further growth opportunities for Ethereum’s spot ETFs and increased retail interest fueled by bullish sentiment about Ethereum’s ecosystem.