CandleFocus

Bitcoin ETFs see continued inflows as BTC climbs back above $100K

On December 11, spot Bitcoin exchange-traded funds (ETFs) in the United States saw inflows of $223.03 million as Bitcoin surpassed $100,000. Fidelity's FBTC received the majority of these inflows, followed by ARK, 21Shares' ARKB, and Grayscale's GBTC. Other Bitcoin ETFs also received modest inflows, except Valkyrie's BRRR fund, which reported outflows. The total trading volume for Bitcoin investment products was $3.94 billion. Meanwhile, spot Ethereum ETFs saw a significant drop in net inflows, with only $102.03 million on December 11 compared to $305.74 million the previous day. BlackRock's ETHA received the majority of inflows. Ethereum's price also increased, trading at $3,916 per coin.

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