Inflow of Capital into Bitcoin ETFs and Ethereum Increases Strongly
According to the latest report on 26/6 from Lookonchain, a total of 10 Bitcoin ETFs recorded a net capital inflow of 5,236 BTC, equivalent to approximately $561 million. Among these, iShares (BlackRock) is the main factor, accounting for 3,158 BTC, equivalent to around $338 million in trading day. Currently, this fund manages a total of 692,877 BTC, estimated at up to $74.26 billion.
Impact of Capital Inflow into Bitcoin ETF
The strong increase in capital into Bitcoin ETFs not only reflects great confidence in BTC's growth potential but also shows the increasing acceptance by institutions of this cryptoasset as a portfolio diversification tool, and even as an inflation hedge in the context of global economic volatility.
Capital Inflow into Ethereum ETFs Also Reaches Record Levels
Not just Bitcoin, 9 Ethereum ETFs also witnessed positive capital inflow with 13,642 ETH purchased net, equivalent to $33.2 million in a day. iShares' inflow was even larger, with 22,698 ETH, equivalent to nearly $55.25 million. Currently, this fund holds 1,743,756 ETH, valued at nearly $4.24 billion.
Ethereum Market and Institutional Capital
The abundant capital flow into Ethereum ETF shows increasing interest in this highly applicable cryptoasset network, especially in DeFi and Non-Fungible Token fields. Ethereum's integration into traditional financial products through ETFs has opened up larger capital access channels, facilitating more sustainable ecosystem development.
Conclusion
The positive capital inflow into Bitcoin ETFs and Ethereum signals a new growth phase for the cryptoasset market under the leadership of major financial institutions. Individual investors may consider exploring opportunities from this capital shift in their asset diversification strategy. Thorough analysis and appropriate monitoring will help effectively exploit potential in the new era of cryptoasset investment.
