Ether ETF Inflows Hit Record, Bitcoin Inflows Soar as BTC Eyes $90K
Summary
Investors significantly increased their investments in U.S. spot crypto ETFs as bitcoin approached a record high near $90,000. Ether ETFs saw record inflows of $295.5 million, with BlackRock's ETHA and Fidelity's FETH each receiving $100 million. Bitcoin ETFs attracted $1.1 billion, marking the second-highest inflow on record, with the iShares Bitcoin Trust (IBIT) receiving $765.5 million. Bitcoin's market cap reached $1.78 trillion, surpassing silver as the eighth-largest asset globally. Microstrategy shares and Coinbase prices also hit record highs. Bitcoin is currently trading at $88,000, and ether at $3,400.
