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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-etfs-attract-significant-investment" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin ETFs Attract Significant Investment</a><br></p>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/bitcoins-rollercoaster-ride-amid-etf-confusion-and-ripples-network-milestone" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> is gaining recognition as the digital era’s gold, with increasing investor interest. Notably, spot Bitcoin ETFs have enjoyed continuous net inflows for eight straight days. This positive trend is seen as a critical indicator that solidifies Bitcoin’s standing in the financial market. On Monday alone, these funds witnessed a remarkable net inflow of $202.51 million.</p>
<h2 id="massive-inflow-into-blackrock-s-ibit-fund">Massive Inflow into BlackRock’s IBIT Fund</h2>
<p style="text-align: justify">The primary contributor to these inflows was BlackRock’s IBIT fund, which attracted significant attention with an inflow of $224.06 million. Meanwhile, other funds also experienced positive inflows, although in smaller amounts. Franklin Templeton’s EZBC fund recorded a net inflow of $5.52 million, and WisdomTree’s BTCW fund saw $5 million.</p>
<p style="text-align: justify">Contrarily, not all funds benefited from this positive trend. Bitwise’s BITB fund faced a net outflow of $16.61 million. Fidelity’s FBTC and VanEck’s HODL funds also saw outflows of $8.33 million and $7.18 million, respectively, highlighting an uneven distribution of interest across Bitcoin funds.</p>
<h2 id="ethereum-etfs-show-different-behavior">Ethereum ETFs Show Different Behavior</h2>
<p style="text-align: justify">In contrast, Ether ETFs have not mirrored Bitcoin’s positive trend. Ethereum has endured negative flows for eight consecutive days, signaling dwindling investor interest. On Monday, Ethereum ETFs experienced a total net outflow of $13.23 million. Grayscale’s ETHE fund led this decline with an outflow of $9.52 million, followed by similar negative flows in other funds.</p>
<p style="text-align: justify">Bitcoin’s trading volume in ETFs stood at $1.2 billion on Monday, down from $3.12 billion last Friday, indicating a return to previous levels. Since January, Bitcoin ETFs have achieved a cumulative net inflow of $18.08 billion. As of the last 24 hours, Bitcoin’s price fell by 1.54% to $63,077, while Ethereum traded at $2,689, marking a 2.26% loss. This clearly shows Bitcoin’s higher investor preference over Ethereum.</p>
<h2 id="key-insights-for-investors">Key Insights for Investors</h2>
<p style="text-align: justify"><strong>Investment Takeaways</strong></p>
<ul style="text-align: justify">
 <li>BlackRock’s IBIT fund is a major attraction, securing $224.06 million in inflows.</li>
 <li>Spot Bitcoin ETFs have been performing well, with net inflows for eight consecutive days.</li>
 <li>Ether ETFs are struggling, showing negative flows over the same period.</li>
 <li>The uneven distribution of interest across funds suggests selective investor behavior.</li>
 <li>Bitcoin ETFs’ trading volumes fluctuated significantly from Friday to Monday.</li>
</ul>
<p style="text-align: justify">As the cryptocurrency market remains volatile, Bitcoin’s strong performance compared to Ethereum’s decline might prompt investors to re-evaluate their <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investment strategies</a>.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-etfs-attract-significant-investment" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin ETFs Attract Significant Investment</a></h5>

Bitcoin ETFs Attract Significant Investment

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