Spot Bitcoin and Ether ETFs Attract Strong Inflows

On Wednesday, Dec. 11, the 12 U.S. spot Bitcoin ETFs collectively attracted a significant $223.03 million in inflows during the trading session. Leading the inflows was Fidelity’s FBTC, which brought in an impressive $121.90 million, underscoring strong investor confidence in the product.

Trailing Fidelity, Ark Invest and 21Shares’ ARKB fund added $52.67 million, while Grayscale’s GBTC secured $20.13 million in new inflows. Notably, Grayscale’s Bitcoin Mini Trust also performed well, pulling in $15.74 million.

Additional inflows came from:

• Bitwise’s BITB: $12.16 million
• VanEck’s HODL: $2.87 million

On the downside, Valkyrie’s BRRR fund experienced a $2.44 million loss, bucking the otherwise bullish trend.

The day’s inflows pushed total net inflows since Jan. 11 to $34.58 billion, with approximately $3.97 billion in BTC traded. Collectively, the 12 ETFs now manage $113.72 billion in Bitcoin, accounting for 5.67% of BTC’s total market capitalization.

Ether ETFs See $102 Million Boost

Ether ETFs also performed strongly, with nine funds collecting a combined $102.03 million in inflows on Wednesday, according to sosovalue.com.

BlackRock’s ETHA led the charge, capturing $74.16 million, signaling rising investor interest in Ether-based investment products.

Additional inflows came from:

• Grayscale’s Ether Mini Trust: $13.38 million
• Bitwise’s ETHW ETF: $8.23 million
• VanEck’s ETHV Fund: $5.60 million
• Franklin Templeton’s EZET: $2.91 million

Despite the strong performance, Grayscale’s ETHE fund faced a $2.26 million loss, reflecting mixed investor sentiment.

Since July 23, total net inflows for Ether ETFs have now reached $1.97 billion. On Wednesday, around $471.42 million in ETH was traded, and the nine funds collectively manage $13.18 billion worth of Ether, representing 2.86% of ETH’s total market value.

Market Implications

The consistent inflows into both Bitcoin and Ether ETFs highlight growing institutional confidence in cryptocurrencies as viable investment vehicles. Fidelity and BlackRock’s dominance in their respective BTC and ETH products further emphasizes the increasing appetite for regulated crypto exposure among institutional investors.

The surge in ETF inflows signals strong momentum for crypto investments, with Bitcoin funds collectively managing over $113 billion and Ether ETFs holding $13 billion in assets. As institutional adoption grows, ETFs continue to play a critical role in bridging traditional finance with the cryptocurrency market.