Traded in the US Spot Bitcoin $63,729 ETF‘s completed the last trading day, September 24, with a $136 million increase due to intense interest from investors. The entries led by major investment companies such as BlackRock, Bitwise and Fidelity created a positive atmosphere in the cryptocurrency market. At the same time, spot Ethereum 
$2,656 ETFs also received their share of investor interest, closing the day with a $62.5 million increase.
Big Surge in Inflows Led by BlackRock
BlackRockreceived the highest investment among spot Bitcoin ETFs in the US, attracting a total inflow of $98 million. This investment once again demonstrated the company’s confidence in the cryptocurrency market.
After BlackRock Bitwise And Fidelity‘s spot ETFs attracted attention with inflows of $17 million each. These two companies continue to show strength in the cryptocurrency market in order to diversify their portfolios and offer more options to their investors.
Spot in the USA Bitcoin The increasing interest in ETFs shows the confidence and demand of investors, especially institutional investors, in the cryptocurrency market. Experts state that such investments contribute to the wider reach of both Bitcoin and altcoins.
Spot Ethereum ETFs Also Closed in Gain
As well as spot Bitcoin ETFs Spot Ethereum ETF‘s also attracted attention from investors. According to the data, spot Ethereum ETFs achieved significant success by closing September 24 with a $62.5 million increase. This flow of funds reveals that investors are not only interested in Bitcoin, but also in other cryptocurrencies.
Investors are looking at Bitcoin as well as EthereumOne of the main reasons for its focus on Ethereum is its innovative features such as decentralized finance applications and smart contracts, as well as its portfolio diversification. All of this is a result of the network’s mainnet asset ETHIt increases the long-term appreciation potential of and attracts investors to the asset.
With the recent increase in activity in the cryptocurrency market due to the Fed’s interest rate cut, Spot ETFInterest in ‘s is also increasing rapidly. The demand for such products from both institutional and individual investors provides important signals for the future of the cryptocurrency market. Experts expect the cryptocurrency market to rally as flows to spot ETFs increase further in the coming period.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
