ETFs Invest Heavily in Bitcoin & Ethereum, Reflecting Growing Institutional Interest

Significant investment by exchange-traded funds (ETFs) into Bitcoin and Ethereum signals growing institutional trust in digital assets. On October 8th alone, major ETFs bought over $440 million in Bitcoin and $69 million in Ethereum, marking a clear shift in how financial institutions view cryptocurrencies. These purchases highlight the increasing potential of these cryptocurrencies as an asset class, potentially impacting market dynamics and future regulatory decisions.