CRYPTO NEWS: On January 29, 2025, #Bitcoin spot ETFs saw a net inflow of $92 million, led by #Grayscale's Bitcoin Mini Trust with $106.2 million and #Fidelity's Wise Origin Bitcoin Fund with $18.2 million. Meanwhile, #Ethereum spot ETFs had a net outflow of $4.7 million, highlighting a contrast in investor behavior between the two major #cryptocurrencies. This trend points to strong institutional backing for Bitcoin, even as some funds like #BlackRock's iShares Bitcoin Trust experienced outflows, reflecting the dynamic shifts in market sentiment.
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