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Massive Inflows In US Spot Bitcoin ETF Before Ethereum ETF Starts Trading

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By on July 23, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Massive Inflows In US Spot Bitcoin ETF Before Ethereum ETF Starts Trading appeared first on Coinpedia Fintech News

On July 22, the crypto market saw a notable $533.57M net inflow, the highest since June 4th. This boosts the cumulative total net inflow to $17.59B. Total net assets now stand at $62.14B, equating to 4.63% of Bitcoin’s market cap.

Key fund movements included IBIT adding $526M, FBTC increasing by $23.72M, and VanEck’s HODL fund decreasing by $38.37M.

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Ethereum Price Retests Crucial Support Level As Traders Fear Signal Potential Rebound Amid High Demand 

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