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<p><strong>Key Points</strong>:</p>   
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 <li><em>Bitcoin spot ETF inflows surged to $1.005 billion, dominated by BlackRock and Fidelity.</em></li>   
 <li><em>Ethereum ETFs faced net outflows, with Grayscale suffering the largest loss.</em></li> 
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<h5 class="wp-block-heading">Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s $301M. Ethereum ETFs saw outflows of $9.05M, with Grayscale leading losses.</h5>   
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<h2 class="wp-block-heading" id="bitcoin-spot-etf-inflows-surge-with-major-contributions">Bitcoin Spot ETF Inflows Surge with Major Contributions</h2>   
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<p>As of November 21, total investment in Bitcoin spot ETFs reached a net inflow of $1.005 billion. <a href="https://coincu.com/292010-blackrock-buidl-fund-expanded-to-new-blockchains/" target="_blank" rel="noreferrer noopener">BlackRock</a>'s ETF, IBIT, garnered inflows worth $608 million, while Fidelity's ETF, FBTC, was the second-best performer, with inflows of $301 million. Such frenzy reflects growing confidence in the Bitcoin-focused ETF among institutional investors.</p>   
<p>While Bitcoin ETFs saw unprecedented inflows, <span style="margin: 0px;padding: 0px">this was a function of broader interest in the cryptocurrency market for regulated investment products. According to <a href="https://sosovalue.com/assets/etf" data-type="link" data-id="https://sosovalue.com/assets/etf" target="_blank" rel="noreferrer noopener">Sosovalue</a>, this is indicative of a very strong appetite among both retail and institutional participants, boosting the dynamics of the markets and indicating increased mainstream adoption</span>.</p>   
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/279022-second-spot-solana-etf-approved-in-brazil/" data-type="link" data-id="https://coincu.com/279022-second-spot-solana-etf-approved-in-brazil/" target="_blank" rel="noreferrer noopener"></a><a href="https://coincu.com/292692-solana-price-predicted-to-rally-1850-xrp-price-to-344-and-rco-finance-5504-in-2-months/"></a><a href="https://coincu.com/293123-bitcoin-spot-etf-inflows-reach-796m/" target="_blank" data-type="link" data-id="https://coincu.com/293123-bitcoin-spot-etf-inflows-reach-796m/" rel="noreferrer noopener"></a><a href="https://coincu.com/293123-bitcoin-spot-etf-inflows-reach-796m/">Bitcoin Spot ETF Inflows Reach $796M On November 20</a></strong></p>   
<h2 class="wp-block-heading" id="ethereum-etfs-see-sharp-outflows-amid-mixed-trends">Ethereum ETFs See Sharp Outflows Amid Mixed Trends</h2>   
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 <a href="https://coincu.com/wp-content/uploads/2024/11/image-314.png"><img src="https://coincu.com/wp-content/uploads/2024/11/image-314-1024x442.png" alt="Bitcoin Spot ETF Inflows Hit $1 Billion Led By BlackRock" class="wp-image-293357"></a>
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<p>In contrast, Ethereum ETFs saw a net outflow of $9.05 million on Nov 21st: <a href="https://coincu.com/292890-bitcoin-covered-call-etf-now-promoted/" target="_blank" rel="noreferrer noopener">Grayscale</a>'s ETHE took the most damage with a single-day outflow of $27.07 million. However, not all were in the red, as this was somewhat balanced out by Fidelity's ETF FETH with an inflow of $16.79 million - an indicative result of some investors' confidence.</p>   
<p>These do present trends of how the two markets diverge, whereby Bitcoin starts to move and Ethereum doesn't. A cautious investor likely prefers Bitcoin as relatively safer and more established within the crypto space.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Bitcoin Spot ETF Inflows Hit $1 Billion Led By BlackRock

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