CandleFocus

Bitcoin and Ethereum ETFs Paste Healthy Inflows: BlackRock Leads the Pack

Bitcoin and Ethereum ETFs experienced significant inflows on December 5th, indicating a rise in institutional interest. Bitcoin ETFs received a total of 6,501 BTC inflow, equivalent to $670.2 million. BlackRock's Bitcoin ETF added 5,801 BTC, increasing its total holdings to 513,438 BTC. Fidelity's Bitcoin ETF also saw inflows, gaining 175 BTC. Several other Bitcoin ETFs recorded inflows, while two experienced outflows. Similarly, Ethereum ETFs received 41,414 ETH in inflows, equivalent to $162.8 million. BlackRock's Ethereum ETF added 32,109 ETH, raising its total holdings to 760,979 ETH. The significant capital influx into both Bitcoin and Ethereum ETFs highlights growing institutional interest, driven by recent price surges. Investors see ETFs as a regulated and secure way to gain exposure to digital assets.

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