Bitcoin and Ethereum ETFs Attract a Record-Breaking $11.2 Billion in July

July witnessed unprecedented inflows into Bitcoin and Ethereum Exchange Traded Funds (ETFs), establishing a new record high. These funds collectively garnered $11.2 billion, indicative of escalating interest from both institutional and individual investors. This surge can be attributed to various factors, including heightened confidence in digital assets, enhanced accessibility facilitated by these ETFs, and the robust market performance of Bitcoin and Ethereum. Analysts view this trend as positive, suggesting the potential for continued expansion of the cryptocurrency market and a broadening base of interested investors.