Investors Can’t Get Enough Crypto ETFs – You Won’t Believe the Numbers!

Lo que debes saber:

  • So, let me get this straight: U.S. spot crypto ETFs had a little party on Wednesday, and JPMorgan was there to count the cash. 💸
  • The bank dipped its toe into some numbers: spot ether ETFs raked in a whopping $84 million, and wait for it, bitcoin sales held the door open with $431 million. 😲

Turns out, U.S.-listed spot crypto ETFs are basically the glamorous stars of finance right now. Ether and bitcoin products are still getting the attention – it’s like prom night all over again, only with more market volatility. 💃

On May 28, U.S. spot ether ETFs were like, “Yes, please!” with $84 million in net inflows, even though ether took a little spill at 1.3%. But hey, who doesn’t love a good nostalgic plunge every now and then? 😂

BlackRock’s iShares Ethereum Trust (ETHA) took the crown with $52 million in new dollars, followed closely by Fidelity’s Ethereum Fund (FETH) with $26 million. Grayscale’s mini ETH Trust and Invesco/Galaxy’s QETH added a polite $5 million and $2 million. Everyone’s contributing, how lovely! 🎉

In a noteworthy twist, ether ETFs recorded a trading volume of $459 million! Way to go, overachievers! 🎓 It’s like they decided to show off for their post-launch daily average of about $375 million since debuting in July 2024. Talk about a glow-up!

Meanwhile, spot Bitcoin ETFs strutted in with an estimated $431 million in net inflows, thanks to the jaw-dropping $479 million from BlackRock’s iShares Bitcoin Trust (IBIT). I mean, can they get any more popular? They’ve practically got a fan club! 😍

Of course, there was a little drama – the ARK 21Shares Bitcoin ETF (ARKB) lost $34 million, and Fidelity’s FBTC shed $14 million like it was last season’s fashion. Sad! 🥲

In a plot twist, despite bitcoin’s 2.1% drop, trading volumes were like, “Hold my beer” at $3.5 billion. That’s right, higher than the historical average of $2.8 billion per day since the January 2024 launch. What a wild ride! 🎢

And 💔

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2025-05-29 18:29