According to Cointelegraph, U.S. investors poured more than $6.4 billion into Bitcoin spot ETFs in November as the BTC market price broke through $99,000 for the first time, an increase of 45%.
According to Farside Investors, BlackRock’s iShares Bitcoin Trust ETF (IBIT) attracted $5.6 billion in November, accounting for 87% of total inflows. Other ETFs that attracted large investments included Fidelity’s Wise Origin Bitcoin Fund (FBTC) at $962 million, Grayscale’s Bitcoin Mini Trust ETF (BTC) at $211.5 million, and VanEck Bitcoin ETF (HODL) at $71.2 million.
Three ETFs contributed $411 million in outflows, including $364 million from Grayscale Bitcoin Trust ETF (GBTC), $40.4 million from Bitwise Bitcoin ETF (BITB), and $6.8 million from Valkyrie Bitcoin Fund (BRRR). The Crypto Fear and Greed Index reached its yearly high of 92 on November 22, indicating strong bullish sentiment. Entering December, the index has declined slightly, but still shows extremely positive sentiment.
