Key Points:
Bitcoin Spot ETFs saw a remarkable $223M net inflow on December 11, extending their growth streak to 10 days. The Fidelity ETF FBTC led the day’s gains, contributing $122M to the total. This sustained momentum highlights investor confidence and growing interest in Bitcoin-backed financial instruments.
The rise in Bitcoin ETF inflows underscores the broader market’s appetite for regulated digital asset investments. These products offer institutional and retail investors an easier path to exposure, driving consistent gains even during volatile market conditions, according to Sosovalue.
Read more:Bitcoin Spot ETF Inflows Hit $440M With 9-Day Streak
Ethereum Spot ETFs maintained their impressive run with $102M in net inflows on December 11, marking 13 consecutive days of growth. BlackRock’s ETHA ETF accounted for $74.1591M, showcasing its strong market presence and investor preference for Ethereum-related products.
This sustained performance demonstrates the appeal of Ethereum as a leading blockchain ecosystem. The inflow figures reflect confidence in its utility, further supported by institutional-grade offerings like BlackRock and Fidelity ETFs that cater to diverse investor needs.
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. |
Cayman Islands, George Town, 12th December 2024, Chainwire
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