Key Points:
BTC spot ETFs saw a $440 million net inflow on December 10, the eleventh straight day of high strength. In this incredible run, BlackRock ETF IBIT led with $296 million daily inflows, followed by Fidelity ETF FBTC with $210 million. ETFs sponsored by Bitcoin are gaining investor trust with this stable performance, according to Sosovalue.
Bitcoin spot ETFs are becoming more popular as a safe investment. Along with spotlighting market titans like BlackRock and Fidelity, the streak encourages Bitcoin in institutional portfolios. As institutional interest in Bitcoin grows, so does enthusiasm for its long-term potential.
Read more: $479M Spot Bitcoin ETF Inflows Fuel Eight-Day Streak on Dec 9
The net influx of $306 million on December 10 was wonderful for Ethereum spot ETFs. This is the 12th day of inflows, indicating robust Ethereum investment product interest. Inflows to Fidelity ETF FESH were $202 million daily, followed by BlackRock ETF ETHA with $81.6574 million.
As Ethereum spot ETFs rise, investors are betting on its asset class performance. High-performing businesses like Fidelity and BlackRock demonstrate Ethereum-based investment vehicles’ growing popularity among institutional investors seeking diversification.
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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