Bitcoin and Ethereum ETFs Experience Positive NetFlows
10/7/2024 4:52:02 PM
According to Lookonchain, on October 7, 2024, Bitcoin and Ethereum ETFs saw significant positive net flows. Specifically, 10 Bitcoin ETFs experienced a net inflow of 684 BTC, equivalent to $43.59 million. Among these, Bitwise alone contributed an inflow of 245 BTC, valued at $15.63 million, and now holds a total of 38,999 BTC, worth approximately $2.49 billion. In the Ethereum market, 9 ETFs recorded a net inflow of 333 ETH, translating to $824,000. iShares was a major contributor with an inflow of 6,026 ETH, valued at $14.91 million, and currently maintains a holding of 406,594 ETH, valued at $1.01 billion. (Source)
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