On October 17, the US market saw significant inflows into Bitcoin and Ethereum spot exchange-traded funds (ETFs). The cumulative inflows for Bitcoin ETFs reached $470.5 million, while Ethereum ETFs added $48.4 million. This indicates continued institutional interest in these assets, with companies like Fidelity and BlackRock leading the way. BlackRock's iShares Bitcoin Trust dominated the market, receiving nearly 4,619 BTC totaling $309 million. The positive inflows for both Bitcoin and Ethereum ETFs highlight a period of positive market momentum and potential stabilization in the overall market. However, Grayscale's Ethereum Trust experienced a significant outflow of $15.7 million. Despite this, the increasing interest in crypto assets, particularly Bitcoin, is evident from the recent inflows.



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