The post Crypto ETFs See Record Inflows, Led by BlackRock appeared first on Coinpedia Fintech News
With the crypto market sentiment boosted, institutional support has significantly increased. With a new record-breaking day for crypto ETFs, the US-spot Ethereum ETFs recorded the largest inflow of $295.1 million. The inflow rally was spearheaded by Fidelity’s SETH, with $115.5 million worth of inflows. Furthermore, the US-spot Bitcoin ETF registered a massive inflow of more than $1 billion, which is the second-largest inflow ever for spot Bitcoin ETFs. BlackRock IBIT spearheaded the Bitcoin ETF rally with an inflow of $736.3 million.
