💡ETF Flows Analysis - Nov 27, 2024

⚪️#BitcoinETFs : $103M net inflows (~1,120 BTC)

⚪️#EthereumETFs : $90.1M net inflows (~27,080 ETH)

⚪️Fidelity: $40.2M | Bitwise: $48M | Blackrock reports T+1

🧐What's Driving This Surge?

1️⃣Bullish Market Sentiment: Renewed confidence in digital assets is fueling investments, with Ethereum particularly benefitting.

2️⃣Ethereum’s Appeal: Four consecutive days of ETH ETF inflows ($220M+) hint at strong institutional interest.

3️⃣ Shift from BTC to ETH: Funds reallocating to Ethereum could signify a growing belief in ETH’s potential beyond BTC's store-of-value narrative.

📈Impact on the Market

⚪️Price Movements: $BTC recovered to $95.5K, while $ETH price momentum suggests a path toward $4,000.

⚪️#AltSeasonComing Alert: Rising Ethereum dominance could increase capital inflows into #altcoins.

#ETF flows aren't just numbers—they’re signals of where smart money is heading. 🚀Keep an eye on $ETH and the broader market for what's next!