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U.S. spot Bitcoin exchange-traded funds saw renewed inflows on Nov. 27 as investor sentiment toward the flagship cryptocurrency improved, driven by Bitcoin’s rally toward the $100K milestone.
According to <a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noopener noreferrer nofollow">data </a>from SoSoValue, the 12 spot Bitcoin ETFs recorded $103.09 million in inflows on Nov. 27, ending two <a href="https://crypto.news/bitcoin-etf-volume-reached-5-billion/" target="_blank" rel="noopener noreferrer nofollow">consecutive days of outflows</a> during which over $561 million exited the funds.
Bitwise’s BITB led the inflows with $48.05 million, followed closely by Fidelity’s FBTC, which reported $40.24 million in inflows. Grayscale Bitcoin Mini Trust and Franklin Templeton’s EZBC contributed $11.99 million and $2.81 million, respectively.
The remaining eight Bitcoin ETFs recorded no flows on the day.
The total trading volume for the 12 Bitcoin ETFs reached $4.59 billion on Nov. 27, consistent with the previous day’s activity.
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/volatility-expected-as-bitcoin-nears-100k-okx-cmo/"> Volatility expected as Bitcoin nears $100k: OKX CMO </a>
Bitcoin ETFs resumed inflows as investor sentiment turned positive, with <a href="https://crypto.news/bitcoin-retail-investors-not-in-fomo-mode-yet-cryptoquant-ceo-says/" target="_blank" rel="noopener noreferrer nofollow">profit-taking appearing subdued</a> as investors sought to push Bitcoin toward the $100K milestone.
Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) was up 3% over the past 24 hours, trading at $95,484 after briefly retesting the $97K level earlier in the day. This rally was supported by $56.85 million in Bitcoin short liquidations during the same period.
Meanwhile, the nine spot Ethereum ETFs recorded their fourth consecutive day of inflows on Nov. 27, with <a href="https://sosovalue.com/assets/etf/us-eth-spot" target="_blank" rel="noopener noreferrer nofollow">$90.1 million</a> entering the funds.
Fidelity’s FETH led Ethereum inflows with $38.01 million, followed by Grayscale Mini Ethereum Trust with $37.29 million. VanEck’s ETHV and Bitwise’s ETHW contributed $13.25 million and $1.56 million, respectively.
None of the Ethereum ETFs reported outflows on the day.
Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank" rel="noopener noreferrer nofollow">ETH</a>) also experienced a price surge, rising 5.2% over the past day to $3,598 per coin at press time.
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/bitcoin-price-could-surge-to-500k-crypto-millionaire-predicts/"> Bitcoin price could surge to $500k, crypto millionaire predicts </a>

Bitcoin ETF inflows resume amid renewed investor optimism in BTC

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