News

Bitcoin Spot ETF Inflows Hit $377M As Streak Extends Seven Days

Key Points:

  • Bitcoin Spot ETF Inflows hit $377M on December 6, extending a 7-day streak.
  • BlackRock and Fidelity ETFs drove Bitcoin Spot ETF Inflows with $257M and $120M daily, respectively.
Bitcoin Spot ETF Inflows reached $377M on December 6, continuing a 7-day streak, with BlackRock IBIT and Fidelity FBTC leading. Ethereum ETFs also saw strong gains.

Bitcoin Spot ETF Inflows Continue Strong Streak

Bitcoin Spot ETF Inflows reached $377 million on December 6, marking the seventh consecutive day of positive net inflows. BlackRock’s IBIT ETF contributed the largest share with $257 million per day, followed by Fidelity’s FBTC with $120 million daily. This sustained momentum highlights increasing investor confidence in Bitcoin spot ETFs.

The inflows position Bitcoin ETFs as a leading choice for institutional and retail investors seeking exposure to cryptocurrency in a regulated environment. This growth reflects expanding adoption and solidifies Bitcoin’s role in traditional financial markets, signaling a strong close to the year, according to Sosovalue.

Read more: Bitcoin Spot ETF Inflows Hit $557M Amid 5-Day Streak

Ethereum Spot ETF Inflows Maintain Upward Momentum

Ethereum Spot ETFs recorded net inflows of $83.75 million on December 6, extending their streak to 10 consecutive days. Fidelity’s FETH ETF led the surge with $47.88 million in daily inflows, while BlackRock’s ETHA followed with $34.55 million per day. The consistent inflows showcase robust interest in Ethereum-based investment vehicles.

As Ethereum spot ETFs gain traction, they emphasize the growing appeal of diversified crypto exposure beyond Bitcoin. The steady performance of these funds highlights Ethereum’s position as a key player in the digital asset market, offering investors opportunities in decentralized finance and smart contract ecosystems.

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.

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