Leading the charge, Bitwise’s BITB pulled in $48.05 million, topping the list of inflows for the day. Fidelity’s FBTC followed closely, gathering $40.24 million, according to data from sosovalue.com. Meanwhile, Grayscale’s Bitcoin Mini Trust brought in $11.99 million, and Franklin Templeton’s EZBC added $2.81 million. The remaining funds ended the day on a neutral note, with no notable inflows or outflows.
Total spot bitcoin ETF inflows since Jan. 11, 2024, via coinglass.com
Wednesday’s inflows lifted the total net contributions for the year to $30.38 billion. During the same trading session, $4.59 billion worth of transactions were settled. By Nov. 27, the 12 spot BTC ETFs held $104.32 billion in bitcoin—accounting for 5.46% of the cryptocurrency’s total market cap.
Sosovalue.com data also revealed that the nine spot ether ETFs saw action on Wednesday, with inflows just shy of their bitcoin counterparts. ETH-focused funds collected $90.10 million, bringing their total net inflows since July 23 to $240.41 million. Fidelity’s FETH led the way with $38.01 million, followed by Grayscale’s Ethereum Mini Trust, which secured $37.29 million.
Vaneck’s ETHV gathered $13.25 million, while Bitwise’s ETHW saw $1.56 million in new contributions. Across the nine ether ETFs, a total of $881.59 million in trades was recorded on Wednesday. Combined, these funds now hold $10.80 billion worth of ETH, representing 2.47% of ethereum’s market value. These inflow patterns highlight institutional interest in cryptocurrency ETFs, signaling growing confidence in bitcoin and ethereum as mainstream investment options.
With bitcoin and ethereum ETFs now commanding substantial portions of their respective market caps, the line between traditional and digital finance is becoming increasingly blurred.