Crypto Blog
It was a big week for financial markets and the global economy as the central bank of the world’s strongest economy pivoted from its monetary policy and reduced the key interest rates by 0.5%.
On a weekly scale, this means that there were more withdrawals only on Wednesday. Overall, the total net inflows for the week stood at $397.2 million. In contrast, Fidelity’s FBTC has attracted impressive amounts on September 17 , September 19 , and September 20 . Ark Invest’s ARKB and Bitwise’s BITB have also seen impressive flows in the past few weeks.The spot Ethereum ETFs have failed to attract investors’ attention in the two months they have traded on US exchanges. However, there have been sometwo consecutive days of net inflows – $5.2 million on Thursday and $2.9 million on Friday.
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