Both U.S. spot bitcoin and ether ETFs recorded gains in Wednesday’s session. According to sosovalue.xyz metrics, 12 spot bitcoin ETFs raked in a combined $621.9 million. Leading the charge was Fidelity’s FBTC, securing $308.77 million, while Ark Invest’s and 21shares’ ARKB followed closely with $127 million.
Grayscale’s Bitcoin Mini Trust added $108.81 million, and Bitwise’s BITB brought in $100.92 million. Grayscale’s GBTC saw a $30.91 million boost, with Vaneck’s HODL capturing $17.18 million. Conversely, two funds experienced outflows: Blackrock’s IBIT decreased by $69.11 million, and Valkyrie’s BRRR dropped by $2.58 million. The recent $621.9 million inflow brings cumulative net inflows since Jan. 11 to $24.12 billion.
The nine ether ETFs also posted gains on Wednesday, drawing in $52.29 million in total. Fidelity again topped the list, with its fund FETH attracting $26.9 million, while Grayscale’s Ethereum Mini Trust absorbed $25.39 million. Other funds saw neutral activity, neither rising nor declining. This $52.29 million in positive flow lowers cumulative net outflows since July 23 to $502.37 million.
Trading volume for the nine ether ETFs stood at around $373.97 million, while bitcoin ETFs handled $6.06 billion in trades. The ether ETFs maintain $7.42 billion in reserves, representing 2.29% of ether’s market cap. The 12 bitcoin ETFs collectively hold $76.48 billion, or 5.08% of bitcoin’s market valuation as of Nov. 7. Together, the 21 crypto ETFs manage a combined value of $83.9 billion.
