The recent ETF flows indicate a strong interest in Bitcoin and Ethereum, especially in the U.S. markets. Here's the breakdown:
BTC ETFs: Approximately 4,340 Bitcoin were bought on December 2, translating to $422.1 million in net inflows. This showcases a significant surge in institutional demand for Bitcoin exposure through ETFs.
ETH ETFs: About 6,520 Ethereum were acquired, resulting in $24.2 million in net inflows. While not as massive as Bitcoin, the interest in Ethereum ETFs continues to grow.
These inflows reflect increased investor confidence in cryptocurrencies, especially in structured and regulated investment vehicles like ETFs. The numbers suggest a positive sentiment toward digital assets entering December.
