On September 27, according to Arkham monitoring data, VanEck’s Bitcoin and Ethereum ETFs experienced substantial inflows from the cryptocurrency exchange Gemini. The Bitcoin ETF acquired 226 BTC while the Ethereum ETF obtained 366 ETH. The combined value of these inflows exceeds $15 million. Approximately nine hours ago, the VanEck Ethereum ETF (ETHV) received 366.132 ETH, valued at approximately $965,000. Subsequently, around eight hours ago, the VanEck Bitcoin ETF (HODL) garnered 226.257 BTC, with a value nearing $14.72 million. This significant capital movement highlights increasing institutional interest, potentially signaling stronger market confidence in crypto assets.
Source: https://en.coinotag.com/breakingnews/vaneck-bitcoin-etf-receives-226-btc-worth-14-72m-from-gemini-reports-arkham/