Spot Bitcoin ETFs in the United States saw significantly lower inflows compared to Ether ETFs during the last four trading days, from November 22 to the day before Thanksgiving.
Fund Inflows Comparison: Bitcoin vs. Ethereum
According to data from SoSoValue, 12 spot Bitcoin ETFs attracted $32.2 million during the stated period. In contrast, nine spot Ether ETFs saw inflows of $224.8 million, more than seven times higher.
This difference emerged as Bitcoin’s price fell by 2.7% over the past seven days, while Ether gained 5.3%. If these trends continue through November 29, U.S. Ether ETFs could, for the first time, surpass spot Bitcoin ETFs in weekly net inflows.
Bitcoin ETFs Still Hold a Record-Breaking Month
Despite the recent slowdown in inflows, spot Bitcoin ETFs have had a record month with net inflows exceeding $6.2 billion in November, surpassing the previous record set in February.
The most notable inflows for Bitcoin ETFs occurred between November 18 and 22, totaling $3.38 billion. This massive inflow pushed Bitcoin to its all-time high of $99,645 by the end of last week.
Ether ETF Growth Driven by Price Gains and Positive News
The increasing interest in Ether ETFs is likely linked to Ethereum’s recent price growth, which may have been influenced by a partial legal victory for the Tornado Cash tool in U.S. courts.
Another factor drawing investors to Ether ETFs is speculation regarding a leadership change at the SEC. Reports suggest that former SEC commissioner Paul Atkins, known for his pro-crypto stance, could replace Gary Gensler. Under President Donald Trump’s administration, this development has raised expectations for a more favorable regulatory environment for DeFi.
Current Bitcoin and Ethereum Prices
As of today, Bitcoin has risen by 0.6% in the past 24 hours, trading at $96,279. On the other hand, Ethereum has dropped by 0.9%, currently valued at $3,570 per coin.
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