Bitcoin and Ethereum spot ETFs recorded strong net inflows, sparking increased investor confidence in Bitcoin and Ethereum-related investments. All 12 Bitcoin spot ETFs recorded an inflow of $320 million, while Ethereum ETFs recorded an inflow of $63.47 million.
The absence of outflows is a clear indication of a bullish momentum in the crypto market, signalling positive sentiments among investors and retail traders. Both Bitcoin and Ethereum have surged past their support mark of $100,000 and $2600, respectively, in the last two days, and are poised for a new all-time high.
