Bitcoin and Ethereum ETFs have witnessed substantial net inflows this week, exceeding $1 billion combined, signaling growing confidence from institutional investors. This trend is driven by the influx of funds into these funds primarily through BlackRock, a major player with over $97 billion in Bitcoin assets. 7,553 BTC worth roughly $743 million flowed into ten Bitcoin ETFs within a single day alone, highlighting a strong bullish signal for the market. Blackrock’s massive inflow of 6,447 BTC, valued at $805 million, surpassed the total investment across other platforms. BlackRock now holds a staggering 783,768 BTC, solidifying its position as one of the largest institutional investors in Bitcoin globally. Meanwhile, Ethereum ETFs also saw impressive inflows, with a net inflow of 51,653 ETH worth $240.8 million, primarily driven by BlackRock’s substantial investment of 45,672 ETH, valued at $212.92 million. This significant move highlights the growing confidence in Ethereum’s future and its potential as a long-term investment option. Institutional players are betting big on both Bitcoin and Ethereum, seeing them as viable components of diversified, long-term portfolios. The recent influx suggests that these assets are gaining prominence within institutional portfolios. The market seems poised for continued growth with the consistent inflows into Bitcoin and Ethereum ETFs.