View full page at cryptocraft.com

 

Another $1.1 Billion: Is This Bitcoin, Ethereum ETF Buying Spree Sustainable?

From finance.yahoo.com

{video} Spot Ethereum ETFs recorded a net inflow of $602 million on July 17, marking the second-highest single-day inflow in history. The inflow surpassed that of Bitcoin spot ETFs, which saw $523 million in net inflows on the same day, their 11th consecutive day of positive flow, according to data from SoSoValue. Combined, U.S. Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs have amassed $54.3 billion and $7.09 billion in cumulative net inflows, respectively. What Happened: The surge in investor appetite comes amid renewed market optimism, robust macroeconomic indicators, and mounting regulatory clarity, ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis