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January 7, 2025

ETFs Make Significant Purchases of $1.1 Billion in Bitcoin and Ethereum

On a bustling Monday, US-traded ETFs reported substantial purchases amounting to $978.6 million in Bitcoin and $128.7 million in Ethereum. These impressive inflows came in at the high end of daily volume expectations, suggesting renewed confidence among investors. The increasing demand for these cryptocurrencies highlights the ongoing interest in Bitcoin and Ethereum as leading digital assets. Observing ETF activities could provide valuable insights into market sentiment and future trends. Investors should remain alert to any changes in this dynamic environment.

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