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Strong ETF Flows: BTC and ETH See Significant Inflows on December 4

DATE POSTED:December 5, 2024
Ethereum ETFs Hit Record-Breaking Weekly Volumes—Is $4K Within Reach for ETH?

The post Strong ETF Flows: BTC and ETH See Significant Inflows on December 4 appeared first on Coinpedia Fintech News

On December 4, Bitcoin and Ethereum ETFs saw robust activity, with around 5,790 BTC and 46,370 ETH being purchased. Bitcoin ETFs recorded a total of $556.8 million in net inflows, while Ethereum ETFs experienced $167.7 million in net inflows. The Ethereum spot ETF market continued its positive momentum, securing a net inflow of $168 million for the day, marking its eighth consecutive day of inflows. BlackRock’s Ethereum ETF (ETHA) led with a substantial single-day net inflow of $124 million, while Fidelity’s ETF (FETH) followed with $40.68 million.