Bitcoin and Ethereum exchange-traded funds (ETFs) experienced substantial inflows on July 14, with Bitcoin ETFs seeing a net flow of 8,958 BTC, equivalent to $1.08 billion. iShares, managed by Blackrock, led the inflows with 8,086 BTC, valued at $978.31 million, bringing its total holdings to 714,094 BTC, worth $86.39 billion.
Similarly, Ethereum ETFs recorded a net flow of 68,957 ETH, amounting to $208.94 million. iShares again dominated the inflows with 45,696 ETH, valued at $138.46 million, increasing its total holdings to 2,046,777 ETH, worth $6.2 billion. These inflows highlight the growing institutional interest in cryptocurrency ETFs.
Bitcoin and Ethereum ETFs See Significant Inflows, Led by iShares
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.