**Crypto Market Update: ETF Inflows as of September 19, 2024**
In a significant development for the cryptocurrency market, Exchange-Traded Funds (ETFs) have seen noteworthy inflows as of September 19, 2024. Bitcoin ETFs have recorded inflows of approximately $158.3 million, indicating continued investor confidence in Bitcoin as a leading digital asset.
Meanwhile, Ethereum ETFs have also made their mark, receiving an inflow of $5.2 million. However, it’s worth noting that BlackRock’s Bitcoin ETF, known as IBIT, did not experience any inflows or outflows during this period. In contrast, BlackRock’s Ethereum ETF, ETHA, successfully attracted new investment, further supporting the growing interest in digital assets beyond Bitcoin.
These inflows highlight the ongoing expansion of institutional interest in cryptocurrency through regulated investment vehicles, signaling a positive trend for the crypto market as a whole. Investors are closely monitoring these developments in anticipation of how they may influence market dynamics moving forward.
Source: https://en.coinotag.com/breakingnews/september-19-2024-etf-flows-bitcoin-etfs-gain-158-3m-ethereum-etfs-up-5-2m/