The trading day turned out well for the 12 spot bitcoin funds and the nine ether funds, which collectively attracted significant investor attention. Bitcoin ETFs took in a hefty $817.54 million in inflows on Nov. 12, led by Blackrock’s IBIT, which captured an impressive $778.27 million. Today, IBIT holds a staggering 467,347.23 BTC valued at $41.84 billion.
Trailing behind, Fidelity’s FBTC brought in $37.20 million, while Grayscale’s Bitcoin Mini Trust followed up with $15.08 million. Vaneck’s HODL fund rounded out the top inflows with $10.13 million. On the flip side, Grayscale’s GBTC lost $17.79 million, while Ark Invest’s ARKB fund saw a $5.36 million dip. Altogether, the 12 funds moved approximately $5.72 billion in trade volume on Tuesday, according to sosovalue.com.
Ethereum ETFs also saw positive inflows, attracting $135.92 million. Blackrock’s ETHA led the way with $131.45 million, followed by Bitwise’s ETHW, which pulled in $16.98 million. Grayscale’s ETH Mini Trust took in $12.71 million, Vaneck’s ETHV gained $6.02 million, and 21shares’ CETH added $1.97 million. However, Grayscale’s ETHE fund saw outflows totaling $33.21 million.
Since Jan. 11, cumulative net inflows for spot bitcoin ETFs have reached $27.72 billion, while ether funds have seen $94.62 million. This marks a noticeable turnaround from the previous half-billion in outflows recorded by ether ETFs before last week’s steady influx. As of Nov. 13, the nine ether funds hold $9.67 billion in ETH, accounting for 2.44% of ETH’s market cap. Meanwhile, bitcoin funds collectively hold $94.02 billion, or 5.31% of BTC’s market cap.
Tuesday’s strong inflows reflect growing interest in cryptocurrency ETFs, with Blackrock’s two funds notably at the forefront. As bitcoin and ethereum ETFs amass billions in assets, their appeal seems to underscore a broader market validation for digital asset investment vehicles. Although some funds faced outflows, particularly within Grayscale portfolios, the overall demand may suggest that institutional investors view these ETFs as valuable gateways into the evolving crypto ecosystem.
