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Bitcoin and Ether ETFs See $128 Million in Inflows After U.S. Midterm Elections

(6 hours ago) · 1 source · Summarized by CryptoBipto

Bitcoin and Ether exchange-traded funds attracted a combined $128 million in inflows as cryptocurrency markets rebounded following the U.S. midterm elections. The inflows marked a return to positive fund flows after a period of outflows leading up to the elections.

WHY IT MATTERS

ETFs, or exchange-traded funds, are investment products that trade on traditional stock exchanges and allow people to invest in assets like Bitcoin or Ether without having to buy or store the cryptocurrencies directly.

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SOURCES

  • cointelegraph.com

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BTCETHETFsBitcoin ETFEther ETFU.S. ElectionsFund Flows