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Bitcoin ETFs Reach $1 Billion in Transactions Amidst Unprecedented Institutional Growth

Published by news.bitcoin.com on 20 hours ago

Bitcoin ETFs Reach $1 Billion in Transactions Amidst Unprecedented Institutional Growth

On Friday, Bitcoin exchange-traded funds (ETFs) experienced a significant inflow of over a billion dollars, marking the second consecutive week of such growth and elevating total net assets to an all-time high.

Meanwhile, Ether ETFs also performed impressively, attracting $204.82 million, contributing to another strong positive trading session.

As a result of this momentum, Bitcoin ETFs have surged to a remarkable $150 billion in assets under management (AUM), following the recent billion-dollar inflow.

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