Bitcoin ETF has achieved its eighth consecutive day of growth with an inflow of 173 million dollars.

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Bitcoin ETFs continue their winning streak with inflows on the eighth consecutive day, bringing in $173 million as Blackrock’s IBIT remains the dominant force. Ether ETFs hold steady, recording inflows for the fourth consecutive day, led by Fidelity’s FETH. Bitcoin and Ether ETFs continue their growth trend with a total capital inflow of 191 million dollars. The price surge of cryptocurrency exchange-traded funds (ETF) occurred on Tuesday, April 29, with a new wave of capital flowing into both Bitcoin and Ether ETFs, extending the trend of institutional interest for several days. Bitcoin ETF has brought in $173 million in net inflows, marking the eighth consecutive day of increases. For the second consecutive day, Blackrock’s IBIT was the driving force behind the surge, attracting $216.73 million in new fund money. Offsetting some of the gains was the outflow from Bitwise’s BITB of $124.39 million, ARKB of Ark 21Shares of $113.32 million, and Fidelity’s FBTC of $16.24 million.

The remaining ETFs remain silent with no recorded fluctuations. However, this is enough to push the total net assets past a new milestone, closing the day at 110.17 billion dollars with a total trading volume of 2.01 billion dollars. On the ether side, the mood remains optimistic. Ether ETFs recorded a fourth consecutive day of net inflows, totaling $18.40 million. Fidelity’s FETH holds the entire inflow with $25.52 million, while Grayscale’s ETHE reported an outflow of $7.12 million. All other funds remain neutral. The total trading value on Ether ETFs is $184.32 million, and total assets have slightly increased to $6.30 billion. The upward momentum remains strong on both sides, with Bitcoin moving further into the inflow zone and Ether ETFs gradually reversing the prolonged bearish trend.

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LHRedRedvip
· 2025-05-01 05:15
Just go for it💪
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LHRedRedvip
· 2025-05-01 05:14
Just go for it💪
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