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Exchange-traded funds on #BTC and #ETH in the USA demonstrated positive dynamics on Wednesday. ETFs focused on BTC attracted $223.03 million, while their equivalent funds for ETH saw inflows totaling $102.03 million.
Bitcoin and Ether ETFs continue to grow
On Wednesday, 12 exchange-traded funds (ETFs) on spot Bitcoin (BTC) in the USA collectively attracted $223.03 million in inflows during the trading session. On December 11, the Fidelity fund — FBTC, attracted $121.90 million.
Next is ARKB from Ark Invest and 21shares, adding $52.67 million to its portfolio. The GBTC fund from Grayscale followed, attracting $20.13 million, while its mini-trust Bitcoin Mini Trust secured $15.74 million.
BITB from Bitwise attracted $12.16 million, and the HODL fund from Vaneck added $2.87 million. On the other hand, the BRRR fund from Valkyrie recorded a loss of $2.44 million for the day. New inflows of $223.03 million raise the total net inflow since January 11 to $34.58 billion.
About $3.97 billion in BTC was traded on Wednesday, according to sosovave. In total, 12 funds manage $113.72 billion in BTC, which accounts for 5.67% of the market capitalization.
