Bitcoin and Ethereum ETFs See Record Inflows, Driving Prices Up

Spot Exchange Traded Funds (ETFs) witnessed substantial inflows of Bitcoin (6,310 BTC) and Ethereum (35,810 ETH) on April 28, 2025. BlackRock’s IBIT ETF led the charge, experiencing a notable surge in assets. This influx directly impacted Bitcoin’s price, which climbed to $68,450, while Ethereum’s value rose to $3,450. These developments highlight growing institutional interest in crypto markets and its influence on pricing.