New data reveals a significant surge in institutional investment, driving more than $900 million into Bitcoin and Ethereum exchange-traded funds (ETFs) over just a single day. This influx reflects growing confidence from large investors, particularly those through major ETF issuers like BlackRock and Fidelity. Bitcoin ETFs snagged approximately $627 million, while Ethereum ETFs attracted roughly $307 million, showcasing the strong market sentiment towards these cryptocurrencies. This notable inflow is not just a fleeting trend; it signals a shift in investment strategies, as large players are reallocating assets into the realm of digital currencies through ETFs, according to James Anderson, ETF Analyst at Fidelity.