Bitcoin (BTC) and Ethereum (ETH) experienced significant price corrections on Tuesday, yet investors demonstrated strong confidence by allocating substantial capital to cryptocurrency investment vehicles.
Spot Bitcoin exchange-traded funds (ETFs) recorded impressive inflows of $876 million, according to Farside Investors data. Combined with Monday's $1.2 billion influx following weekend price highs, BTC ETFs have attracted approximately $2 billion in fresh capital within the first two trading days of the week.
Ethereum ETFs simultaneously witnessed remarkable demand, securing $420 million in Tuesday's session - representing their most substantial daily inflow this month. ETH-focused funds have accumulated over $600 million during the initial two days of the week.
This substantial capital movement occurred despite notable price declines, with Bitcoin declining 2.7% and Ethereum dropping 5% during the trading session.