Bitcoin, Ethereum Spot ETFs See Billion-Dollar Inflows, Crypto Market Tops $4 Trillion

Bitcoin spot ETFs have experienced significant inflows recently, with major funds like Fidelity's FBTC and BlackRock's IBIT attracting hundreds of millions in net investments, pushing the total Bitcoin ETF assets to over $153 billion, representing more than 6% of Bitcoin's market value. Ethereum ETFs have surpassed Bitcoin in inflows, drawing $1.4 billion compared to Bitcoin's $748 million, signaling strong institutional confidence in Ethereum's utility and potential for future growth in DeFi and NFTs. Despite some technical indicators suggesting a possible Bitcoin price correction toward $100,000-$104,000, analysts remain optimistic about its long-term uptrend, while Ethereum and altcoins like MAGACOIN FINANCE are gaining attention for their innovation and growth potential. Institutional accumulation continues robustly, exemplified by BitMine's Ether holdings surpassing 2 million ETH, reflecting broader confidence in crypto assets as the total market capitalization recently topped $4.1 trillion. Market movements are also influenced by macroeconomic factors, including cooling U.S. inflation and expectations of Federal Reserve interest rate cuts, which have contributed to renewed investor interest in cryptocurrency ETFs.