U.S. Bitcoin and Ethereum Spot ETFs See Massive Flows

Recent data from Farside Investors reveals significant inflows into U.S. Bitcoin spot ETFs, with a net inflow of $102.7 million observed yesterday. In contrast, BlackRock’s IBIT ETF saw a net outflow of $30.8 million. This trend extends to Ethereum-focused ETFs: U.S. Ethereum spot ETFs witnessed an impressive $236.2 million in net inflows. Notably, BlackRock’s ETHA remained stagnant with no inflows or outflows, while Fidelity’s FETH ETF experienced a net inflow of $154.6 million.