Bitcoin and Ethereum ETFs Record Impressive Inflows

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According to the data provided by SoSoValue, Bitcoin exchange-traded funds (ETFs) recorded a total of $329 million worth of inflows on Tuesday, expanding their impressive streak.

On Tuesday, Vetle Lunde of K33 Research noted that the amount of Bitcoin managed by global exchange-traded products (ETPs) has now reached a new peak for the first time since January.

Ethereum ETFs are also in the green, with a total of $65 million in inflows being recorded on Tuesday. 

The Bitcoin price is steadily approaching a new record peak, currently trading at $107,780. 

Meanwhile, retail investors still appear to be on the sidelines based on a relatively low Google search volume. 





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