Crypto ETFs Boom: $477 Million Flows In Amidst Growing Confidence

A significant surge in crypto exchange-traded fund (ETF) investment activity demonstrates strong investor confidence in the digital asset space. On October 21, spot Bitcoin ETFs witnessed a remarkable net inflow of $477 million, with not a single ETF experiencing any net outflows. This impressive performance reflects growing interest and trust in regulated access to Bitcoin via ETFs. Similarly, Ethereum ETFs saw a combined net inflow of $142 million across all nine funds. All nine funds also posted no net outflow, further solidifying the positive outlook for Ethereum as it continues to evolve post-Merge and gain institutional attention.