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Bitcoin ETFs<\/strong><\/a> in the United States have reached a record<\/a> figure<\/strong>, surpassing $60 billion<\/strong> in assets under management (AUM).<\/strong><\/p>\n Their growth is due to the massive capital inflows in recent days, highlighting a change in investor perception<\/strong> toward these financial products. Despite recording net withdrawals for three days the previous week, Bitcoin ETFs consolidated an excellent rebound starting last Friday.<\/strong><\/p>\n Data indicates that $253.6 million were injected<\/strong> into the funds on Friday, followed by $555.9 million<\/strong> on Monday and $371<\/strong> million<\/strong> on Tuesday, totaling over $1.18 billion<\/strong> in a three-day period. This marks the best performance since June<\/strong>. Funds like Fidelity\u2019s FBTC and Bitwise\u2019s BITB saw significant contributions on Monday, while BlackRock\u2019s IBIT led net inflows on Tuesday.<\/p>\n The increase in flows toward Bitcoin ETFs coincides with a rally in the cryptocurrency\u2019s price. After dropping below $59,000<\/strong> last Thursday, BTC\u2019s value has risen 9.2%<\/strong> over the past week, reaching $67,800<\/strong>. Based on the behavior of the ETFs, it seems that investor confidence in these products is playing a key role<\/strong> in the recovery of Bitcoin\u2019s price.<\/p>\n However, the situation is different for Ethereum ETFs. Despite being launched in July, they have not managed to capture the same attention as their Bitcoin counterparts. Ethereum<\/a> has seen more outflows than inflows in recent months<\/strong>, affecting its overall performance. In the past few days, there were even two days of no trading activity<\/strong>, reflecting that, at least for now, interest in these funds remains low.<\/p>\n However, despite the lack of demand, Ethereum\u2019s price has shown a similar increase to Bitcoin. Since last week, ETH has risen 7%<\/strong>, reaching a value above $2,600<\/strong>, marking a 14% growth<\/strong> over the past month. Although Ethereum ETFs struggle to attract investors, the asset itself has maintained steady price growth<\/strong>, which could influence future perceptions of these funds<\/p>\n","protected":false},"excerpt":{"rendered":" TL;DR Bitcoin ETFs in the U.S. reached $60 billion in assets under management (AUM) after strong capital inflows. Over $1.18 billion was injected in three days, marking the best performance since June. While BTC grows, Ethereum ETFs face difficulties, although ETH’s price rose 7% in the past week. Bitcoin ETFs in the United States have … <\/p>\nUptober Renews Confidence in Bitcoin<\/h2>\n
![\"bitcoin](\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/btc-cmc-post-1.jpg\")
<\/p>\nEthereum Fails to Attract Investors<\/h3>\n