Crypto ETFs See Record Trading, Total Bitcoin Held Exceeds $60 Billion
- Rising crypto prices spur interest in ETFs, with significant weekly gains for Bitcoin, Solana, and Ethereum.
- Recent trading days have increased total ETF assets by over US$600 million, reaching US$60 billion.
- BlackRock’s IBIT leads with the highest Bitcoin inflows, adding nearly US$289 million recently.
- Also: Monochrome launches a new Ether ETF in Australia, offering both cash and physical ETH trading options.
As the crypto market makes its way up higher, with Bitcoin, Solana and Ethereum all up around 11% week-on-week, there seems to be renewed interest in exchange-traded funds (ETFs). The past few trading days have added over US$600 million (AU$900 million) to the fund’s AUM (assets under…
