The ETF Spot Bitcoin and Ether are seeing renewed entries as the institutional appetite for exposure to cryptographic continues to build.
On Friday, the ETF of Spot Bitcoin (BTC) registered $ 642.35 million in net tickets, marking the fifth consecutive day of profits, according to Sosovalue data. This pushed accumulative net tickets to $ 56.83 billion, with total net assets that are now $ 153.18 billion, approximately 6.62% of Bitcoin’s total market limit.
Fidelity FBTC led the day with $ 315.18 million in Fresh Capital, while the Blackrock Ibit continued with $ 264.71 million. Volume trade in all Bitcoin Spot ETFs exceeded $ 3.89 billion, pointing out a solid activity and growing institutional positioning. Market leaders such as Ibit and FBTC registered daily profits of more than 2%.
The increase occurs after a quieter beginning of the month, which suggests a change in feeling as macroeconomic conditions stabilize and the cryptography market shows signs of strength.
Related: ETF Ether tickets, explained: what they mean for merchants
Eth Ethfs attracts $ 405 million
Spot Ether (ETH) ETF reflected the bullish impulse, obtaining $ 405.55 million in net tickets daily the same day, its fourth consecutive day of profits. Total ETF Etter tickets have now reached $ 13.36 billion, with net assets of $ 30.35 billion.
On Friday, Blackrock Etha raised $ 165.56 million, while Feth Feth was very close to $ 168.23 million. Only Etha saw a value of $ 1.86 billion negotiated in the day, which reflects the growing activity in Ethereum headquarters.
“The Bitcoin and Ethereum ETF Spot continue to see strong tickets, showing growing institutional confidence,” said Vincent Liu, investment director of the Kronos Research company, based in Taiwan, Cointelegraph.
“If the macro conditions are maintained, this increase could strengthen liquidity and boost the impulse for both assets,” Liu added.
Related: The Bitcoin Spot ETFs see a strong demand, since the cryptography market exceeds $ 4T again
Blackrock Eyes ETF Tokenization
According to the reports, Blackrock is exploring the ETF tokenization in Blockchain networks, after the success of his Bitcoin Spot ETF. The asset management giant is particularly interested in tokenize funds linked to real world assets (RWA), although regulatory challenges remain a key obstacle.
Token ETFs could offer a new functionality, such as 24/7 trade and integration into decentralized finance ecosystems (DEFI).
Magazine: Can tokenized actions of Robinhood or Kraken ever be really decentralized?
