Bitcoin & Ethereum ETFs Surge with $510 Million Inflows in One Day

A substantial influx of $510 million was witnessed by Bitcoin and Ethereum exchange-traded funds (ETFs) on October 8th. Bitcoin ETFs saw a significant inflow of $440.7 million, while Ethereum ETFs attracted $69.1 million in just one day. This robust growth reflects the continued interest from institutional and retail investors alike in these leading cryptocurrencies. The surge comes amid increased regulatory clarity and optimism regarding potential spot Bitcoin ETF approvals in the U.S., enabling investment firms to significantly increase their exposure to Bitcoin.