BTC Spot ETF Sees $33.34M Inflow Yesterday; ETH Spot ETF Gains $13.65M
Summary
BlackRock's substantial inflows into BTC and ETH spot ETFs indicate sustained investor confidence in cryptocurrencies despite market volatility, suggesting a potential for continued growth in the sector.
According to Spot On Chain, on Halloween, BlackRock contributed significant inflows into U.S. spot ETFs, allocating $33.34 million to Bitcoin (BTC) and $13.65 million to Ethereum (ETH).
While this $33.34 million addition marks the lowest BTC ETF inflow in the past week, the $13.65 million directed toward the ETH ETF represents the highest weekly inflow for Ethereum, highlighting investor interest amid recent market fluctuations.
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