Most definitely, more and more people are weighing in on Spot Bitcoin ETFs, which shows that investors are beginning to prefer safe, regulated Bitcoin-based financial products over direct exposure.
This increased interest is a sign that the retail side of the market is moving toward digital assets, especially as institutions like BlackRock offer access to the cryptocurrency through structured and compliant investment vehicles.
Meanwhile, this ETF-driven activity parallels Bitcoin’s upward momentum, with the cryptocurrency hitting all-time highs for three consecutive days.
Ethereum-based ETFs have also caught the attention of investors, recording the third-highest single-day inflow in history, bringing in $79 million during the last trading session.
This development suggests that interest in crypto-backed financial products may extend beyond Bitcoin, suggesting a more diversified approach by investors looking to tap into a wider range of digital assets or trying to catch up through beta, as Ethereum lags significantly behind BTC in terms of price action.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
