Ethereum

Strong

Bitcoin

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BlackRock

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-show-strong-interest-in-bitcoin-and-ethereum-etfs/" data-wpel-link="internal">Investors Show Strong Interest in Bitcoin and Ethereum ETFs</a> 
On September 24, spot Bitcoin ETFs traded in the U.S. ended the day with an impressive increase of $136 million, reflecting the strong interest of investors. Major investment firms like BlackRock, Bitwise, and Fidelity have contributed to a positive atmosphere in the <a href="https://en.coin-turk.com/will-bitcoin-be-successful-this-time-altcoins-continue-to-rally/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/expert-warns-of-low-performance-for-tech-stocks-and-cryptocurrencies-in-the-coming-years/" data-wpel-link="internal">cryptocurrency</a> market. Simultaneously, spot Ethereum ETFs also managed to close the day with a gain of $62.5 million, capturing the attention of investors. 
<h2 style="text-align: justify" id="strong-significant-influx-led-by-blackrock-strong">Significant Influx Led by BlackRock</h2> 
BlackRock attracted the highest investments among spot Bitcoin ETFs, drawing in a total of $98 million. This demonstrates the firm’s renewed confidence in the cryptocurrency market. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-391605 size-full" src="https://coin-turk.com/wp-content/uploads/2024/09/Spot-Bitcoin-ETF-1-scaled.jpg" alt="" width="2560" height="1072"> 
Following BlackRock, both Bitwise and Fidelity attracted $17 million each, indicating their ongoing efforts to diversify portfolios and provide more options to investors in the cryptocurrency sector. 
<h2 style="text-align: justify" id="strong-spot-ethereum-etfs-also-close-strong-strong">Spot Ethereum ETFs Also Close Strong</h2> 
In addition to Bitcoin ETFs, spot Ethereum ETFs received notable interest from investors. Data shows these ETFs closed with a $62.5 million gain on September 24, showcasing significant investor engagement beyond Bitcoin. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-391604 size-full" src="https://coin-turk.com/wp-content/uploads/2024/09/Spot-Ethereum-ETF-scaled.jpg" alt="" width="2560" height="989"> 
The interest in Ethereum stems from its innovative features, such as decentralized finance applications and smart contracts, as well as its potential for portfolio diversification. These factors enhance the long-term value attraction of its primary asset, ETH, drawing investors in. 
With the recent volatility in the cryptocurrency market fueled by the Fed’s interest rate cuts, interest in spot ETFs has surged. This demand from both institutional and retail investors signals promising prospects for the cryptocurrency market. Experts anticipate that heightened inflows into spot ETFs will lead to a rally in the cryptocurrency sector. 
The post <a href="https://en.coin-turk.com/investors-show-strong-interest-in-bitcoin-and-ethereum-etfs/" data-wpel-link="internal">Investors Show Strong Interest in Bitcoin and Ethereum ETFs</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Investors Show Strong Interest in Bitcoin and Ethereum ETFs

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