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🗣US Spot Bitcoin Exchange Traded Funds (ETFs) Inflow Series Continues! Here Are the Latest Numbers
The cryptocurrency market continues to see strong activity in spot exchange traded funds (ETFs) with Bitcoin and Ethereum ETFs recording significant inflows.
Bitcoin and Ethereum Spot ETFs See Record Inflows Amid Market Momentum
Bitcoin Spot ETFs surged with $598 million in net inflows. Bitcoin spot ETFs witnessed a total net inflow of $598 million on December 12, marking an 11-day consecutive inflow streak.
BlackRock’s Bitcoin ETF IBIT led the way with a single-day net inflow of $432 million, reflecting growing investor confidence and institutional adoption.
The cumulative net asset value (NAV) of Bitcoin spot ETFs has now reached a record high of $112.546 billion, further cementing their appeal in the market.
BlackRock’s Ethereum ETF ETHA recorded the largest single-day inflow of $202 million, underscoring the asset’s growing appeal to investors.
Grayscale’s Ethereum ETF ETH added $73.22 million in single-day inflows, underscoring its strong position in the market.
The continued inflows into both Bitcoin and Ethereum spot ETFs indicate a growing appetite for cryptocurrency among both retail and institutional investors.
The rising NAV and the participation of major players such as BlackRock and Grayscale point to a maturing market with increasing legitimacy and investor confidence.
This momentum reflects broader trends in the digital asset space, including increasing regulatory clarity, the adoption of cryptocurrencies as investment vehicles, and the continued appeal of decentralized assets in diversified portfolios.
