Bitcoin and Ether ETFs See $2.6 Billion Inflows Despite Price Drop
Despite a sharp decline in prices, investments in crypto funds surged:
- Bitcoin (BTC) ETFs attracted $876 million on Tuesday. Combined with Monday's $1.2 billion inflow, BTC funds have received $2 billion this week.
- Ether (ETH) ETFs saw an influx of $420 million on Tuesday, marking the strongest day of inflows for the month. The total for the first two days is over $600 million.
- Price drops: Bitcoin fell by 2.7% and Ether by 5%.