Nidhi Kolhapur
Crypto Live News
Author: Nidhi Kolhapur
Author: Nidhi Kolhapur
Nidhi Kolhapur 
Author
Jul 16, 2024 22:23
Nidhi Kolhapur
Author
After a brief pullback in June,the Bitcoin ETF momentum has returned as its daily investment surged to $300 million yesterday,bringing the weekly total to a staggering $1 billion. The surge has pushed the year-to-date amount invested in Bitcoin ETFs to $16 billion,much ahead of initial projections of $12-15 billion for the entire year,while there are still six months to go,highlighted,the Bloomberg ETF analyst,Eric Balchunas. About the prospects of ETH ETF,Balchunas estimated that they could attract “about 20% of what we’ve seen with Bitcoin.”
