Key Points:
Bitcoin Spot ETFs recorded $557 million in net inflows on December 4, marking the fifth consecutive day of gains. BlackRock’s IBIT led the surge with an impressive $572 million in single-day inflows, demonstrating strong institutional demand for Bitcoin-based investment products. This streak underscores the growing confidence in Bitcoin ETFs as a reliable asset class.
These inflows signal renewed optimism in the Bitcoin market, especially among institutional investors. With sustained interest over multiple days, Bitcoin Spot ETFs are positioned to play a significant role in the broader adoption of cryptocurrency-based financial products, according to Sosovalue.
Read more: Bitcoin Spot ETF Inflows Reach $354M With $103B Net Value
Ethereum Spot ETFs attracted $168 million in net inflows on December 4, continuing their eight-day streak of positive gains. BlackRock’s ETHA contributed $124 million, while Fidelity’s FETH added $40.6 million in single-day inflows. These figures highlight Ethereum’s growing appeal as a staple in institutional portfolios.
This consistent inflow streak reflects Ethereum’s utility beyond investment, particularly in decentralized finance (DeFi) and smart contracts. As the cryptocurrency ecosystem matures, Ethereum-based ETFs demonstrate resilience and increasing interest from institutional and retail investors, cementing their role in the evolving crypto economy.
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. |
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