On December 2, the U.S. spot Bitcoin exchange-traded funds recorded inflows for the fourth consecutive day, with an inflow of $353.67 million.
According to data from SoSoValue, BlackRock's IBIT fund led the way with inflows as high as $338.33 million. Fidelity's FBTC and ARK's ARKB funds also contributed to this trend, with inflows of $25.14 million and $17.24 million, respectively.
The Grayscale Bitcoin Mini Trust and Franklin Templeton's EZBC had inflows of $6.36 million and $5.56 million, respectively, contributing minimally. However, these gains were offset by significant outflows from Grayscale's flagship fund GBTC, which saw a loss of $28.11 million, while VanEck's HODL fund experienced outflows of $10.85 million.
The remaining Bitcoin ETFs remained neutral on the day.
Overall, the trading volume of 12 Bitcoin ETFs surged to $3.91 billion, a significant increase of 55.78% from the previous trading day's $2.51 billion. Despite the positive inflow trend, the price of Bitcoin slightly decreased, trading at $96,101, down 0.5% on the day.
Ethereum ETFs are struggling after record inflows.
In contrast, the inflow of funds into Ethereum ETFs has significantly decreased, with only $24.23 million on December 2. This is a substantial drop compared to the previous record inflow of $332.92 million.
BlackRock's ETHA fund maintains its lead among Ethereum ETFs, attracting an inflow of $55.92 million. Fidelity's FETH also recorded an inflow of $19.90 million, contributing to the modest total for the day.
However, these gains were overshadowed by significant outflows from Grayscale's ETHE fund, which reported a loss of $44.36 million. Invesco's QETH fund also dropped by $7.23 million.
Additionally, five other Ethereum ETFs reported zero net flows, highlighting a cooling of investor interest. Nevertheless, the trading volume of these nine Ethereum ETFs significantly increased, reaching $644.05 million, more than double the volume of the previous day.
As of the time of writing, the trading price of Ethereum was $3,657, down 0.6% on the day.
