Bitcoin

Ethereum

<p>The crypto sector is going through a significant rise in institutional investments as <a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum</a> and <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin</a> ETFs have seen substantial inflows. As per Lookonchain, a famous on-chain analytics platform, Bitcoin ETFs have witnessed 3,892 $BTC in cumulative inflows while Ethereum ETFs added 660 $ETH on October 14, mirroring a mounting interest among the institutional investors concerning digital assets. The analytics firm discussed the ETF market on its official social media account.</p><blockquote>— Lookonchain (&#64;lookonchain) <a href="https://twitter.com/lookonchain/status/1845855769557979437?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">October 14, 2024</a>Oct 14 Update:10 <a href="https://twitter.com/hashtag/Bitcoin?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> ETFsNetFlow: &#43;3,892 <a href="https://twitter.com/search?q&#61;%24BTC&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>(&#43;$257.01M)&#x1f7e2;<a href="https://twitter.com/hashtag/Fidelity?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Fidelity</a> inflows 1,857 <a href="https://twitter.com/search?q&#61;%24BTC&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($122.65M) and currently holds 180,068 <a href="https://twitter.com/search?q&#61;%24BTC&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($11.89B).9 <a href="https://twitter.com/hashtag/Ethereum?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ethereum</a> ETFsNetFlow: &#43;660 <a href="https://twitter.com/search?q&#61;%24ETH&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>(&#43;$1.74M)&#x1f7e2;<a href="https://twitter.com/hashtag/Fidelity?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Fidelity</a> inflows 3,500 <a href="https://twitter.com/search?q&#61;%24ETH&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($9.22M) and currently holds 151,750 <a href="https://twitter.com/search?q&#61;%24ETH&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($399.56B). <a href="https://t.co/BUUbG7DAC1" rel="noopener noreferrer nofollow">pic.twitter.com/BUUbG7DAC1</a></blockquote><h2 id="header-0">Bitcoin ETFs Record 3,892 $BTC in Total Inflows on October 14</h2><p>Lookonchain pointed out that an enormous amount of up to 3,892 $BTC in net inflows of the Bitcoin ETFs equals $257.01M. Fidelity, a prominent asset management firm, has led the Bitcoin ETF sector. The exchange-traded fund has seen an inflow of nearly 1,857 $BTC, accounting for almost $122.65M. As a result of this, the cumulative $BTC holdings of Fidelity have reached 180,068 $BTC. The amount equals a value of $11.89B in total.</p><h2 id="header-1">Ethereum ETFs Add a Relatively Lesser Amount of 660 $ETH</h2><p>In the recent week, Bitcoin ETFs effectively gained significant inflows. In line with the data from SoSoValue, a cumulative amount of $308.76M reportedly entered the market of $BTC ETFs from October 7th to October 11th. On the other hand, the Ethereum ETFs denote a decline in inflows in the meantime. As per the data, a total amount of -$5.22M left the <a href="https://ethereum.org/" rel="noopener noreferrer nofollow">Ethereum</a> ETF market.</p><p>However, the latest inflows of approximately 660 $ETH tokens indicate a change in the overall market sentiment. This amount equals a value of up to $1.74 million. Once again, Fidelity’s Ethereum ETF dominated the market with 3,500 $ETH (nearly $9.22M) in inflows. With this, the cumulative $ETH holdings of the ETF have touched 151,750 $ETH, accounting for $399.56B.</p>

Bitcoin, Ethereum ETFs See Huge Inflows: Fidelity Leads with $257M in New $BTC Holdings

Table of Contents

BlockchainReporter

Other articles published on Oct 15, 2024

Solana’s Monthly Wallet Activity Hits Record High Yet SOL And UNI Bulls Are Driving Force Behind ...

Bitcoin Gains Larry Fink’s Trust as BlackRock ETF Hits $23B Milestone

Elect Donald Solana Memecoin Will Rally 15,000% Ahead of Exchange Listing, As Shiba Inu and DOGE Lag

SlowMist: Guide to Avoiding HoneyPot Scams

$HANA: Next coin to watch closely - Evolution in Shiba Inu Legacy

Bitcoin Prepares for Shoot Into Super Cycle Bull Run as BTC Chart Nears Major Cup and Handle Patt...

Join our free newsletter for daily crypto updates!