
Crypto asset inflows top $1B as Bitcoin ETF optimism grows
Bloomberg's Eric Balchunas said Bitcoin futures ETF BITO has emerged as a major beneficiary of the rally.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.

However, there is no indication from the SEC that this will actually happen.

SEC Commissioner Mark Uyeda believes the SEC has not moved aggressively enough to prevent crypto fraud and criticized its piecemeal, after-the-fact approach.

Crypto investment products have seen its sixth consecutive week of inflow of $261 million.

Hong Kong is positioning itself as a crypto-friendly jurisdiction by introducing several attractive initiatives for the industry.

Bitwise's chief investment officer, meanwhile, predicted $50 billion in inflows once approval is granted.

The market's first short ETH-linked ETF provides investors with an opportunity to profit when the price of ETH drops.



