Steady Growth: Bitcoin and Ethereum ETFs Maintain Inflow Momentum
Bitcoin and Ethereum ETFs have seen impressive, extended inflow streaks, with Bitcoin ETFs recording a net inflow of $223 million on Dec. 11, marking 10 consecutive days of growth.
Over this period, Bitcoin ETFs saw a total of $4.29 billion in inflows, boosting assets to $113.72 billion. Similarly, Ethereum ETFs experienced a $102 million inflow on Dec. 11, with 13 days of continuous growth. Ethereum ETFs amassed $1.95 billion in inflows, bringing total assets to $13.18 billion.
These sustained inflows reflect growing institutional interest in digital assets, with ETFs contributing significantly to revenue for firms like WisdomTree, BlackRock, and Invesco.
Clever Robot News Desk 14th December 2024