4h ago

Bitcoin Spot Etfs See Three Day Inflow Streak Led By Blackrock

Bitcoin $BTC spot ETFs recorded $26.05 million in net inflows on April 16, according to data from SoSoValue Crypto, marking the third consecutive day of positive flows into the products. @BlackRock's IBIT led the way with $81.71 million in inflows, cementing its position as the dominant force among spot Bitcoin ETF products.

Ethereum $ETH spot ETFs continued to build momentum over the same period, attracting $18.02 million in inflows and extending their run of positive net flows to six straight days. BlackRock's ETHA again topped the table among Ethereum products, pulling in $30.51 million.

The back-to-back inflow streaks across both Bitcoin and Ethereum ETFs point to a sustained return of institutional appetite following a period of outflows that weighed on sentiment earlier this year. BlackRock has consistently ranked as the leading issuer across both product categories since their respective launches.

Bitcoin Spot Etfs See Three Day Inflow Streak Led By Blackrock

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