Crypto ETFs Bounce Back: Bitcoin Leads With $66M, Ether Follows With $11M
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Bitcoin and Ether ETFs started the week with strong inflows, signaling renewed investor interest.
Bitcoin ETFs saw a net inflow of $66.19 million, led by Fidelity’s FBTC with $94.04 million, while Ether ETFs gained $11.65 million, driven entirely by Fidelity’s FETH. However, some funds, including Grayscale’s GBTC and Ark’s ARKB, faced outflows.
Despite minor price fluctuations, the ETF inflows suggest a potential shift in market sentiment, hinting at stronger performance ahead.
Clever Robot News Desk 20th February 2025