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>>Investors poured money into Bitcoin and Ether ETFs on Tuesday, taking advantage of recent price declines.

Investors poured money into Bitcoin and Ether ETFs on Tuesday, taking advantage of recent price declines.

crypthub

4 days ago

Cryptocurrency Market Trends

Bitcoin (BTC) and ether (ETH) experienced notable price declines on Tuesday, despite significant investor interest in cryptocurrency funds. Spot bitcoin ETFs registered $876 million in inflows, building upon Monday's $1.2 billion, resulting in a total of $2 billion in fresh investments over the first two days of the week. This positive trend demonstrates continued confidence in the cryptocurrency market despite recent volatility.

Ether ETF Performance

Ether ETFs also attracted substantial demand, accumulating $420 million on Tuesday, marking their highest daily inflow this month. The total inflows for ether funds have exceeded $600 million across the initial two days of the week. These inflows occurred even as Bitcoin prices fell 2.7% and ether decreased by 5%.