Ethereum

Bitcoin ETF

Bitcoin

Spot

<p><a href="https://coinpedia.org/news/goldman-sachs-shocks-wall-street-with-710m-bitcoin-etf-bet/">Bitcoin ETFs saw</a> a huge boost with $1.67 billion in new investments last week, bringing total assets to $95.4 billion. Spot Bitcoin exchange-traded funds (ETFs) maintained their strong momentum, marking another successful week as Bitcoin surged to a new all-time high of $93,400. Meanwhile, Ethereum spot ETFs saw their highest inflows in recent weeks, reflecting growing investor interest.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-bitcoin-etfs-hit-new-heights">Bitcoin ETFs Hit New Heights</h2>   
<p>In the second week of November, Bitcoin’s spot ETFs saw a <a href="https://sosovalue.com/assets/etf/us-btc-spot">remarkable $1.67 billion</a> in new investments. This marks the sixth consecutive week of positive inflows, bringing total assets under management (AUM) in Bitcoin ETFs to $95.4 billion.&nbsp;</p>   
<p>Meanwhile, this accounts for 5.27% of Bitcoin’s total market value, which stands at $1.8 trillion. Bitcoin's price surge, reaching an <a href="https://markets.coinpedia.org/">all-time high of $93,400</a>, has been a key driver of these inflows.&nbsp;</p>   
<p>BlackRock’s iShares Bitcoin Trust (IBIT) stands out with $29.3 billion in total inflows, making it the leader in the Bitcoin ETF space. On the other hand, Grayscale’s Bitcoin Trust ETF has seen $20.3 billion in outflows since the introduction of spot Bitcoin ETFs.</p>   
<h2 class="wp-block-heading" id="h-ethereum-etfs-gaining-momentum">Ethereum ETFs Gaining Momentum</h2>   
<p>Ethereum spot ETFs have also seen strong growth. Last week, they recorded <a href="https://farside.co.uk/eth/" target="_blank" rel="noreferrer noopener">$515 million in inflows</a>, marking the third consecutive week of positive growth. This has brought the total net assets of Ethereum spot ETFs to $9.15 billion, an $880 million increase from the previous week.</p>   
<p>Despite the growing interest in Ethereum-backed ETFs, Ethereum’s price has only risen slightly, now trading around $3,115. This contrasts with Bitcoin’s impressive price rally, suggesting that while Ethereum ETFs are gaining popularity, the price of Ethereum itself has yet to experience a similar surge.</p>

Bitcoin and Ethereum ETFs See Strong Inflows as BTC Price Hits $93,400

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