Crypto Investment Products Surge: Bitcoin and Ethereum ETFs See Major Inflows

Investment products tied to Bitcoin and Ethereum have seen significant inflows, fueled by growing institutional interest. iShares’ Bitcoin and Ethereum ETFs saw net inflows of $83.48 million and $109.47 million respectively, according to recent data. This marks a notable shift in market sentiment towards these digital assets. 976 BTC were added to iShares’ Bitcoin ETF portfolio alone, with Blackrock adding an additional $112.86 million worth of BTC, bringing their total holdings above $86.67 billion. For Ethereum, the combined net inflow for ETH ETFs was around $109.47 million. iShares again took the lead with 76,851 ETH added, valued at $333.61 million. iShares now holds a total of over 3.5 million ETH, worth an estimated $15.49 billion. 83.48 million USD in Bitcoin alone were added to iShares’s holdings. This surge marks growing institutional confidence in the future of both cryptocurrencies and signifies significant progress toward mainstream adoption.