Bitcoin and Ethereum ETFs See Massive Inflows: $598M and $274M, Respectively
Bitcoin and Ethereum ETFs continued their strong momentum with significant inflows on December 12. Bitcoin ETFs saw $597.57 million in inflows, led by BlackRock’s IBTC with $431.60 million, bringing total inflows to $35.17 billion and net assets to $112.55 billion, or 5.68% of Bitcoin’s market cap.
Ethereum ETFs also experienced a notable increase, with $273.67 million in inflows, a 168% rise from the previous day. BlackRock’s ETHA fund led with $202.31 million, pushing total net inflows to $2.24 billion, with the nine Ethereum ETFs now managing $13.63 billion, representing 2.86% of Ethereum’s market cap.
Clever Robot News Desk 15th December 2024
