Crypto ETFs Dominate: Bitcoin and Ethereum Secure $223M and $102M Inflows
U.S. spot Bitcoin and Ether ETFs saw strong inflows on Wednesday, with Bitcoin ETFs attracting $223.03 million and Ethereum ETFs drawing $102.03 million.
Fidelity’s FBTC led Bitcoin ETFs with $121.90 million, while BlackRock’s ETHA topped Ethereum ETFs with $74.16 million. Other funds like Ark Invest’s ARKB and Grayscale’s GBTC also saw significant inflows.
Since January, Bitcoin ETFs have accumulated $34.58 billion, while Ethereum ETFs have gained $1.97 billion since July. These funds now manage $113.72 billion in Bitcoin and $13.18 billion in Ether, representing 5.67% and 2.86% of each asset’s market cap, respectively.
Clever Robot News Desk 15th December 2024
