Bitcoin, Ethereum ETFs Attract Record Inflows Despite Market Volatility, Policy Uncertainty

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs registered inflows of $3.26 billion and $74.43 million, respectively, over the past four days.

The surge comes despite President Donald Trump‘s unexpected omission of crypto-talk in his inauguration speech and the following volatility in the cryptocurrency market.

The record inflow occurred on Jan. 17, Sosovalue data shows. Some $1.08 billion flowed into various Bitcoin funds. On Jan. 21, the inflows were $802.5 million.

Bitcoin ETFs

• BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) gained the most with $661.86 million net inflows.
• Grayscale’s Bitcoin Mini Trust (NYSE:BTC) …

Full story available on Benzinga.com