COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Institutional Demand Drives Growth in Spot Bitcoin and Ethereum ETFs
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Institutional Demand Drives Growth in Spot Bitcoin and Ethereum ETFs
Cryptocurrency News

Institutional Demand Drives Growth in Spot Bitcoin and Ethereum ETFs

In Brief

  • Spot Bitcoin and Ethereum ETFs attract growing institutional interest.

  • BlackRock leads significant inflows into the cryptocurrency market.

  • Investors view these ETFs as safer alternatives for traditional portfolios.

İlayda Peker
İlayda Peker 6 months ago
Share
SHARE

Spot ETFs in the United States continue to attract attention in the cryptocurrency market. The ongoing offerings for Bitcoin $104,916 and Ethereum $2,488 spot ETFs are drawing significant investment. This trend, led by BlackRock, positively influences the cryptocurrency sector.

Contents
Spot Bitcoin ETFs Experience Record InflowsSpot Ethereum ETFs Also Attract Attention

Spot Bitcoin ETFs Experience Record Inflows

On December 17, spot Bitcoin ETFs recorded net inflows totaling $494 million. This indicates that funds have seen inflows for 14 consecutive days. The interest from investors reflects their confidence in the future of the leading cryptocurrency. BlackRock’s ETF, coded IBIT, alone attracted net inflows of $741 million in a single day. This remarkable volume increases the appeal of the largest cryptocurrency among institutional investors.

Spot Bitcoin ETF

ETFs stand out as a safer alternative for traditional investors. These funds facilitate capitalizing on Bitcoin’s price movements. The entry of major firms like BlackRock into this space increases institutional interest in the sector. Recent inflows bolster the positive sentiment surrounding the cryptocurrency market.

Spot Ethereum ETFs Also Attract Attention

Meanwhile, spot ETFs offered for Ethereum continue to capture investor interest. On December 17, these ETFs received total inflows of $145 million. Consequently, Ethereum funds experienced uninterrupted investment for 17 days. BlackRock’s ETHA-coded ETF attracted net inflows of $135 million on the same day.

Spot Ethereum ETF

Ethereum offers a crucial infrastructure for smart contracts and decentralized finance (DeFi) projects. This strengthens investor confidence in Ethereum. Spot ETFs provide a significant opportunity for those looking to integrate Ethereum into traditional investment portfolios.

Currently, the strong demand for spot Bitcoin and Ethereum ETFs marks a significant moment in the cryptocurrency market. The interest from institutional investors enhances the adoption of these assets. Inflows led by major players like BlackRock continue to influence market dynamics.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Trump Demands Aggressive Interest Rate Cut to Boost U.S. Economy

Willy Woo Predicts Bitcoin’s Dramatic Upsurge Over the Next Two Decades

The Cryptocurrency Market Experiences Another Whirlwind: What Lies Ahead?

Uber Ponders Cryptocurrency Payments for Global Transactions

Chaos Erupts as Trump and Musk’s Feud Shakes Cryptocurrency Markets

İlayda Peker 18 December, 2024 - 1:44 pm 18 December, 2024 - 1:44 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article BlackRock’s Spot Bitcoin ETF Achieves Remarkable Growth
Next Article ASIC Files Lawsuit Against Binance Australia for Misclassification of Clients
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin Surges Toward Key Resistance Level with New Momentum
Altcoin News Bitcoin (BTC)
Discover How a Market Shift Propelled Solana’s Price Decline
Solana (SOL)
Cardano Faces Downward Spiral in Market Rankings
Cardano (ADA)
Trump Demands Aggressive Interest Rate Cut to Boost U.S. Economy
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?