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BitcoinSistemi 2024-12-27 10:38:08

Negative Outflows Ended in Bitcoin and Ethereum ETFs! How Much Inflow Was There? Here Are the Details

According to the latest data, the crypto spot ETF market has witnessed a significant revival. Bitcoin and Ethereum spot ETFs have seen significant net inflows after several days of withdrawals. Bitcoin, Ethereum Spot ETFs See Strong Inflows After Days of Outflows Bitcoin Spot ETFs: Bitcoin spot ETFs saw a net inflow of $475 million, marking the first positive move after four consecutive days of outflows. Fidelity’s FBTC alone accounted for $254 million of the total inflow. Ethereum Spot ETFs: Ethereum spot ETFs also saw strong inflows on the same day, with a total of $117 million recorded. Fidelity’s FETH led the way with $82.96 million in Ethereum inflows, followed by BlackRock’s ETHA, which brought in $28.17 million. The inflows reflect renewed investor confidence in cryptocurrency ETFs, which provide regulated exposure to digital assets without the complexity of direct ownership. This resurgence comes after a period of increased market volatility and suggests that institutional and retail interest in crypto investment products remains strong. As Bitcoin and Ethereum continue their dominance in the cryptocurrency market, these inflows highlight the growing appeal of spot ETFs as a bridge between traditional finance and the digital asset space. *This is not investment advice. Continue Reading: Negative Outflows Ended in Bitcoin and Ethereum ETFs! How Much Inflow Was There? Here Are the Details