Key Points:

• Bitcoin Spot ETF inflows hit $255M, driven by BlackRock and Fidelity.
• Ethereum Spot ETF outflows reached $39M, reflecting market divergence.

Bitcoin Spot ETF inflows hit $255M on November 18, led by BlackRock’s $89.3M and Fidelity’s $59.9M, while Ethereum Spot ETF saw $39M in net outflows.

Bitcoin Spot ETF Inflows Reach $255M in Single Day

Bitcoin Spot ETF inflows reached $255 million on November 18, led by BlackRock’s IBIT with $89.3 million and Fidelity’s FBTC with $59.9 million. These numbers indicate an extreme investor interest in Bitcoin-backed ETFs, especially from large institutional players such as BlackRock and Fidelity.

This surge further underlines growing confidence in Bitcoin as an asset class. According to Sosovalue, bitcoin spot ETFs have increasingly been viewed as a reliable way to get exposure to Bitcoin without directly holding the cryptocurrency, bolstering adoption among traditional investors.

Read more: Bitcoin ETF Options Makes Important Progress After New CFTC Rules

Ethereum Spot ETF Outflows Highlight Market Trends

Meanwhile, while Bitcoin Spot ETFs witnessed heavy inflows, Ethereum Spot ETFs registered a net outflow of $39.08 million on the same day, demonstrating a striking divergence in the changing market dynamics between the two leading cryptocurrencies. The outflows arguably suggest cautious sentiment among Ethereum investors or a flight to focus on Bitcoin, given its perceived resilience.

However, Ethereum’s outflows do not necessarily mean declining interest in the asset; rather, they realign the investment approach. These trends mirrored the complexity of the crypto ETF market, which continued to develop as investors explored diverse opportunities across different digital assets.

Bitcoin

Bitcoin Spot ETF

ETF

Ether ETF

Author

William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.

Related Posts

• Bitcoin Surpasses Silver to Become The 8th-Largest Global Asset
• dYdX Unlimited Coming in November With Many New Features
• Bitcoin Price Surges to $80,000 Amid Trump-Driven Optimism
• Market Overview (Oct 28 – Nov 3): Big Token Unlocks and $42B Plans After October’s End
• Trump Prepares for Major Shift in US Crypto Regulation
• Whale Walletmobile Makes $5.94 Million Profit After Betting on Trump’s Victory
• BonkDAO Burns 100B BONK, Plans 1 Trillion BONK Burn Before Christmas
• FTX License Suspension Extended by Cyprus SEC Until May 2025

News

Bitcoin Spot ETF Inflows Reach $255M As Ethereum Sees Outflow

Key Points:

• Bitcoin Spot ETF inflows hit $255M, driven by BlackRock and Fidelity.
• Ethereum Spot ETF outflows reached $39M, reflecting market divergence.

Bitcoin Spot ETF inflows hit $255M on November 18, led by BlackRock’s $89.3M and Fidelity’s $59.9M, while Ethereum Spot ETF saw $39M in net outflows.

Bitcoin Spot ETF Inflows Reach $255M in Single Day

Bitcoin Spot ETF inflows reached $255 million on November 18, led by BlackRock’s IBIT with $89.3 million and Fidelity’s FBTC with $59.9 million. These numbers indicate an extreme investor interest in Bitcoin-backed ETFs, especially from large institutional players such as BlackRock and Fidelity.

This surge further underlines growing confidence in Bitcoin as an asset class. According to Sosovalue, bitcoin spot ETFs have increasingly been viewed as a reliable way to get exposure to Bitcoin without directly holding the cryptocurrency, bolstering adoption among traditional investors.

Read more: Bitcoin ETF Options Makes Important Progress After New CFTC Rules

Ethereum Spot ETF Outflows Highlight Market Trends

Meanwhile, while Bitcoin Spot ETFs witnessed heavy inflows, Ethereum Spot ETFs registered a net outflow of $39.08 million on the same day, demonstrating a striking divergence in the changing market dynamics between the two leading cryptocurrencies. The outflows arguably suggest cautious sentiment among Ethereum investors or a flight to focus on Bitcoin, given its perceived resilience.

However, Ethereum’s outflows do not necessarily mean declining interest in the asset; rather, they realign the investment approach. These trends mirrored the complexity of the crypto ETF market, which continued to develop as investors explored diverse opportunities across different digital assets.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Other Posts

Related Posts

[tptn_list limit="8" title_length="0" heading="0" show_date="0" daily="1"]