8min chapter

Bankless cover image

ROLLUP: ETFs Back? | Robinhood Acquires Bitstamp | Biden SAB-121 Veto

Bankless

CHAPTER

Bitcoin and Ethereum ETF Inflows Surge

The chapter focuses on the remarkable increase in Bitcoin ETF inflows, particularly highlighting a record-breaking week with nearly $900 million of inflows on June 4th, led by the Fidelity FBTC ETF. The discussion emphasizes how these inflows are propelling Bitcoin prices towards all-time highs, with optimism for continued institutional involvement. Speculation around the Ethereum ETF approval timeline, BlackRock's involvement, and a fee war among ETH ETF issuers is also discussed.

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