Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) are getting notable attention

Bitcoin ($BTC) and Ethereum ($ETH) exchange-traded funds (ETFs) are getting notable attention among institutional investors. As per the latest data from Lookonchain

Institutional investors are keeping a close eye on both Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) as the latest data from Lookonchain reveals. In the latest 24 hours, Bitcoin ETFs saw huge net inflows of 6,387 BTC, which translates to approximately $666.72M.

This inflow is mainly driven by iShares (BlackRock) Bitcoin Trust (IBIT: NYSE) with 2,908 BTC, valued at about $303.6M, flowing into the ETF. As a result, IBit now holds 636,120 BTC, roughly $66.4B.

On the other hand, there were also some outflows to report. Grayscale Bitcoin Trust (GBTC) saw 23 BTC in outflows, while Invesco Bitcoin ETF (BTCO) reported outflows of 61 BTC.

Bitcoin (BTC) Price Chart on Binance

Among other noteworthy activity, Fidelity Bitcoin ETF (FBTC) saw inflows of almost 1,789 BTC, increasing its total holdings to 199,840 BTC. ARK 21Shares Bitcoin ETF (ARKB) also reported inflows of 1,476 BTC.

In the realm of Ethereum, the ETFs reported a combined inflow of 8,404 ETH, which equals approximately $20.83M.

Once again, iShares took the lead with its Ethereum Trust (ETHA) adding 5,449 ETH, amounting to about $13.5M. Following this addition, ETHA’s holdings now stand at 1,289,892 ETH, which is roughly $3.2B.

Grayscale Ethereum Mini Trust (ETH) saw inflows of 3,290 ETH, bringing its total holdings to 489,957 ETH. In contrast, Grayscale Ethereum Trust (ETHE) saw a small outflow of 231 ETH.

Lastly, Fidelity Ethereum ETF (FETH) saw no change in net flows, maintaining its overall Ethereum holdings at 395,921 ETH.