Bitcoin and Ethereum ETFs Record Significant Inflows

On December 12, inflows into the top 12 Bitcoin exchange-traded funds (ETFs) surged by nearly 168%, pushing the total net inflows for these investment products above $35 billion for the first time.

Bitcoin ETFs See 168% Increase in Inflows

According to recent data, inflows into Bitcoin ETFs reached $597.57 million on Thursday, significantly higher than the $223.03 million recorded the previous day. This marked the 11th consecutive trading day of inflows, bringing a total of over $4.4 billion into these investment products and pushing total net inflows into Bitcoin ETFs to $35.17 billion for the first time.

Tips for investing in Bitcoin ETFs:

  • Research the fund’s underlying assets and management team.
  • Understand the fees associated with the ETF.
  • Consider the ETF’s trading volume and liquidity.

The majority of inflows were directed toward BlackRock’s IBIT, which saw $431.6 million enter the fund following a day of no inflows. Notably, BlackRock, the largest asset manager by net assets, has achieved a cumulative net flow of $35.49 billion since the fund’s inception.

Ethereum ETFs Also Record Significant Inflows

Spot Ethereum ETFs also experienced a surge in inflows on December 12, with $273.67 million recorded—a significant 168% increase from the $102.03 million seen the previous day.

BlackRock’s ETHA fund captured the majority of the inflows, attracting $202.31 million. Grayscale Ethereum Mini Trust followed, bringing in $73.22 million. Fidelity’s FETH and 21Shares contributed with inflows of $19.42 million and $1.55 million, respectively.

Tips for investing in Ethereum ETFs:

  • Monitor the Ethereum network’s development and adoption.
  • Understand the ETF’s underlying assets and tokenomics.
  • Consider the ETF’s trading volume and liquidity.

However, Grayscale’s ETHE fund reported $22.83 million in outflows on December 12, increasing its total outflows since launch to $3.52 billion.

Market Performance

As of the report, cumulative net inflows for Ethereum ETFs amounted to $2.24 billion. Ethereum was trading sideways, priced at $3,917 per coin, while Bitcoin was trading at $99,985 per coin, down 0.7%.

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