On Wednesday, November 27, the U.S. spot $BTC bitcoin ETF saw $103.9 million in inflows. Over the previous two days, more than $561 million had been withdrawn from the funds.
According to SoSoValue, Bitwise’s BITB ETF received the most inflows from investors. About $48.05 million came into the fund on Wednesday. Fidelity’s FBTC followed with a net inflow of $40.24 million. Grayscale Bitcoin Mini Trust and Franklin Templeton’s EZBC attracted $11.99 million and $2.81 million, respectively. The other eight bitcoin ETFs saw no inflows that day.
Spot Bitcoin ETFs See Inflows
Total Daily Bitcoin ETF Volume Reaches $4.59 Billion
Capital inflows into Bitcoin ETFs have resumed after the flagship cryptocurrency began to rise again. BTC has gained more than 2.20% to $95.310 over the past 24 hours. This rally was supported by $56.85 million in Bitcoin short positions liquidated over the same period.
The situation with spot Ethereum ETFs is even more positive. Funds based on the leading altcoin have recorded their fourth day of inflows in a row: on Wednesday, about $90.1 million was invested in the ETH ETF.
Fidelity's FETH was the leader in inflows, having received almost $38.01 million from investors.