BlackRock just bought $1 billion of these two cryptocurrencies

Description

On August 14, spot Ethereum ETFs recorded a staggering $640 million in net inflows, with BlackRock ( ETHA ) leading the charge contributing $520 million. U.S. spot Bitcoin ETFs were also on a roll, as BlackRock ( IBIT ) again dominated with daily inflows of $523.74 million. Fidelity ( FBTC ) and Ark ( ARKB ), however, saw $113.47 million and $149.92 million in daily outflows, respectively, accompanied by Bitwise , which reported a $30.87 million loss. Adjusting for outflows, U.S. spot Bitcoin ET...