In the past 30 days, crypto ETFs have seen a significant increase in assets under management (AUM), totaling $122.1 billion. However, during the same period, there was a net outflow of $219.2 million from these funds. Blackrock's iShares Bitcoin Trust IBIT had the highest AUM at $52.4 billion, followed by Fidelity's Wise Origin Bitcoin Fund FBTC at $19.7 billion. Grayscale's Bitcoin fund and iShares' ETHA also had substantial AUM. This increase in ETF activity reflects the growing institutional investment in Bitcoin and Ethereum. These investment vehicles provide mainstream investors with easier access to cryptocurrencies without the risk of extreme volatility. The data also suggests strong investor optimism about the future growth of Bitcoin prices.
aelf (ELF) Price Analysis : Analysts Show Cup and Handle Pattern Consolidating with $2 Arriving Soon