Ethereum

Bitcoin ETF

Bitcoin

Grayscale Bitcoin Trust

BlackRock

<ul class="wp-block-list">
 <li>SoSoValue shows that spot Bitcoin ETFs saw six weeks of positive flows.</li>
 <li>The total assets under management for spot Bitcoin ETFs have reached $95.4 billion.</li>
</ul>
With the cryptocurrency markets surging once again, spot Bitcoin exchange-traded funds (ETFs) resumed their upward pace and had another good week. Data from the crypto monitoring platform <a href="https://sosovalue.com/" target="_blank" rel="noopener noreferrer nofollow">SoSoValue</a> shows that spot Bitcoin ETFs saw six weeks of positive flows, with net inflows of $1.67 billion during the trading week of Nov. 11–15.
Since spot BTC ETFs started trading in January, the iShares Bitcoin Trust (IBIT) of <a href="http://blackrock.com" target="_blank" rel="noopener noreferrer nofollow">BlackRock</a> has received $29.3 billion in record inflows, while the Grayscale Bitcoin Trust ETF has lost $20.3 billion.
<h3 class="wp-block-heading" id="h-rising-institutional-interest">Rising Institutional Interest</h3>
Consistent with the upward trend in the spot Bitcoin ETF market, other markets such as spot <a href="http://ethereum.org" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> ETFs also saw growth, with weekly inflows reaching $515 million, completing a three-week run of positive flows. Over the last three weeks, a total of $682 million has been poured into Ether ETFs. According to SoSoValue, spot Bitcoin ETFs have had six consecutive weeks of inflows totaling $8.95 billion since October 11th.
The total assets under management for spot Bitcoin ETFs have reached $95.4 billion, which is 5.27% of Bitcoin’s market value of $1.8 trillion, thanks to these inflows. In the midst of Bitcoin’s historic price surge beyond $90,000 on November 12 and subsequent increases to a new all-time high of $92,400 on November 13, investors kept pouring money into the Bitcoin ETF market.
Some investors, including billionaire Paul Tudor Jones, are becoming more involved with spot Bitcoin ETFs. During the third quarter, the hedge fund manager added $130 million worth of IBIT shares to their stakes in BlackRock’s spot Bitcoin ETF.
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Spot Bitcoin ETFs See $1.67B Weekly Inflows Amid Bitcoin’s Record Rally

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