Increased Bitcoin and Ethereum ETF Inflows: Blackrock and Fidelity Lead
10/24/2024 3:02:14 PM
According to Lookonchain, on October 24, Bitcoin ETFs experienced a net inflow of 2,829 BTC, valued at approximately $191.8 million. Notably, Blackrock's iShares saw significant inflows of 4,801 BTC, amounting to $325.48 million, and currently holds a substantial 396,922 BTC, valued at $26.91 billion. Meanwhile, Ethereum ETFs recorded a net inflow of 2,800 ETH, equivalent to $7.08 million. Fidelity contributed significantly with inflows of 2,500 ETH, worth $6.32 million, and currently maintains a holding of 171,000 ETH. These inflows indicate strong institutional interest in Bitcoin and Ethereum ETFs, suggesting potential bullish sentiment in the market. (Source)
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