US spot Bitcoin ETFs see biggest inflows since March, spot Ether ETFs launch

Today’s focus is on the launch of the spot Ether ETFs in the US, but Bitcoin cannot be ignored. Yesterday, US-based spot Bitcoin ETFs saw their best day of inflows since March, when the asset set new all-time highs. Debate is also raging around the levels of investment the new spot Ether ETFs will attract in the coming months. Will they mimic the success of the Bitcoin ETFs, or will it be “underwhelming,” as some predict? In other news, the WazirX exchange hack threatens to affect India’s crypto industry, and Asia’s first inverse Bitcoin ETF launches in Hong Kong.Further reading:BlackRock Bitcoin ETF records biggest inflow day since March at $523MBitcoin trader warns of local BTC price top after $530M ETF inflowsEthereum price will be ‘sensitive’ to ETF inflows in the coming days — Kaiko$235M WazirX exchange hack has implications for India’s crypto industryHong Kong to launch Asia’s first inverse Bitcoin ETFReferences:India, Nigeria, Thailand top Chainalysis’ 2023 Global Crypto Adoption IndexSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.