Ethereum And Bitcoin ETFs See Significant Inflows In The US

According to Odaily, data monitored by Lookonchain on October 16 reveals notable inflows into US-based Ethereum and Bitcoin ETFs. The nine Ethereum ETFs in the US saw a total net inflow of 684 ETH, approximately valued at $1.78 million. Among these, Fidelity experienced an inflow of 1,000 ETH, roughly $2.61 million, bringing its current holdings to 153,250 ETH, valued at about $399.98 million. In the Bitcoin ETF market, ten US-based ETFs recorded a total net inflow of 5,693 BTC, approximately $386.39 million. BlackRock led the inflows with 4,323 BTC, around $293.41 million, increasing its holdings to 375,169 BTC, valued at approximately $25.46 billion.