Ethereum

Bitcoin ETF

Rocky

<ul class="wp-block-list">
 <li>Bitcoin ETFs saw $1.64B inflows, with volatility peaking mid-week and $42.5B in assets now held by institutions like BlackRock.</li>  
 <li>Ethereum ETFs hit a record $515.9M in inflows, but faced declines towards the week’s end, highlighting slower growth compared to Bitcoin.</li>  
 <li>Bitcoin ETF inflows show market optimism, with Bitcoin's price increasing to $73K in November improving institutional interest.</li> 
</ul>  
<p>$1.64 billion was invested in Bitcoin ETFs and $515.9 million in Ethereum ETFs between November 11 and November 15, 2024. This is the largest <a href="https://cryptonewsland.com/why-ethereums-whale-activity-and-institutional-interest-point-toward-a-4000-finish/" target="_blank" rel="noopener noreferrer nofollow">weekly net inflow for Ethereum ETFs</a>. However, despite these total inflows, both Bitcoin and Ethereum ETFs faced substantial outflows during the final days of the week, particularly on November 15, when no new inflows were recorded.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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<h2 class="wp-block-heading" id="h-bitcoin-etfs-volatile-movements">Bitcoin ETFs’ Volatile Movements</h2>  
<p>Spot Bitcoin ETFs experienced ups-and-down inflows and outflows. An increase occurred between trading days 206 and 213, with Bitcoin ETF inflows rising to $1.04 billion. However, by day 215, these inflows dropped significantly to $514.6 million.&nbsp;</p>  
<p>Additionally, negative inflows hit on days 216 and 217, reaching -$399.6 million and -$370 million, respectively. Despite the fluctuations, the total value of <a href="https://cryptonewsland.com/goldman-sachs-boosts-bitcoin-etf-holdings-to-over-700-million/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin held in ETFs continues to rise</a>, with institutions like BlackRock adding 21,360 BTC this week alone. They now hold 471,329 BTC, worth approximately $42.5 billion.</p>  
<p>The overall market impact is substantial. CryptoQuant data indicates that 5.3% of all mined Bitcoin is currently held in Bitcoin ETFs. Compared to January 2024, when they owned only 3.15% of the entire Bitcoin supply, this is a significant growth. The growth from 629,900 BTC to 1.05 million BTC in just 10 months highlights a strong trend toward institutional adoption of Bitcoin through ETF vehicles.</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcxt4Mw05g6F-5MIPSXdyhouAjDnqw2qiuUc6CMAOqwVUX93mxEyBZI7tmqyDiiPMxO485A-C22jzKri_hD9QYrHD2ojczxpe-f26qhrLSa5Q-grdZyM1OHu5mzt7pzJpLBQSmV?key=j-w_IPFO4I7KJYjsEjHmI7sB" alt="">
</figure>  
<p><strong>Source:</strong> <a href="https://x.com/MAC_D46035/status/1858297623935169021" target="_blank" rel="noopener noreferrer nofollow">CryptoQuant</a></p>  
<h2 class="wp-block-heading" id="h-ethereum-etfs-and-their-steady-growth">Ethereum ETFs and Their Steady Growth</h2>  
<p>Ethereum ETFs also saw a steady influx of capital, particularly in early November. The net inflow peaked at $205.1 million between trading days 52 and 58. However, by day 60, inflows had diminished, with an outflow of -$58.9 million recorded. This demonstrates that while Ethereum ETFs are growing, the pace is slower compared to their Bitcoin counterparts.</p>  
<p>The correlation between ETF inflows and Bitcoin price surges is clear. Notably, the dramatic rise in inflows in March and November coincided with price movements. <a href="https://cryptonewsland.com/bitcoin-golden-cross-formation-250000/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin reached a high of $73,000</a> during this period, fueled by market optimism following political events and positive regulatory signals.</p> 
<p>The post <a href="https://cryptonewsland.com/ethereum-etfs-hit-record-515m-inflows-yet-outflows-mark-a-rocky-finish/" rel="noopener noreferrer nofollow">Ethereum ETFs Hit Record $515M Inflows, Yet Outflows Mark a Rocky Finish</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ethereum ETFs Hit Record $515M Inflows, Yet Outflows Mark a Rocky Finish

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