Bitcoin ETF

Bitcoin

Spot

A dozen Bitcoin ETFs in the U.S. have attracted $6.2 billion in November, nearing a monthly inflow record as Bitcoin hovers near $100,000.
Spot Bitcoin exchange-traded funds are on track for their strongest month yet, with $6.2 billion in inflows so far in November, bolstered by Bitcoin’s surge toward $100,000 and President-elect Donald Trump’s crypto-friendly agenda, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-11-29/us-bitcoin-btc-etfs-head-for-record-monthly-inflow-on-trump-optimism" target="_blank" rel="noopener noreferrer nofollow">reports</a>.
The inflows coming to such ETFs issuers as <a href="https://crypto.news/tag/blackrock/" target="_blank" rel="noopener noreferrer nofollow">BlackRock</a> and <a href="https://crypto.news/tag/fidelity/" target="_blank" rel="noopener noreferrer nofollow">Fidelity</a>, are set to surpass the previous record of $6 billion achieved in February, the report reads, noting that Bitcoin is nearing the $100,000 milestone.
The capital influx comes after Trump pledged to reverse the Biden administration’s strict stance on cryptocurrencies, proposing regulatory changes and a strategic Bitcoin reserve. Analysts, interviewed by Bloomberg, say these moves, combined with Bitcoin’s recently-ignited rally, are driving investor confidence in crypto ETFs.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “Under a Trump administration, it’s expected to be easier for businesses and retirement funds to include Bitcoin in their portfolios.”
 Josh Gilbert, market analyst at eToro
</blockquote>
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/bitcoin-etf-inflows-resume-amid-renewed-investor-optimism-in-btc/"> Bitcoin ETF inflows resume amid renewed investor optimism in BTC </a>
<h2 class="wp-block-heading" id="ethereum-etfs-outpace-bitcoin-in-recent-inflows">Ethereum ETFs outpace Bitcoin in recent inflows</h2>
The U.S. Securities and Exchange Commission <a href="https://crypto.news/sec-approves-spot-bitcoin-etf-on-accelerated-basis/" target="_blank" rel="noopener noreferrer nofollow">approved</a> spot Bitcoin ETFs earlier this year following a 2023 legal defeat. While SEC Chair Gary Gensler, a critic of the crypto industry, is stepping down, his tenure also <a href="https://crypto.news/ethereum-etfs-get-final-approval-trading-to-start-tuesday/" target="_blank" rel="noopener noreferrer nofollow">saw</a> the approval of Ethereum-linked ETFs. However, the latter had a muted impact on Ethereum’s price compared to Bitcoin’s sharp rise.
Recent data suggests Ethereum-linked ETFs have gained momentum, outpacing Bitcoin ETFs in inflows during the four trading days leading up to Thanksgiving. Despite this, Bitcoin ETFs continue to dominate, with $104.32 billion in combined net assets as of Nov. 27, according to SoSoValue.
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/qcp-capital-ethereum-eyes-35-rally-as-spot-etf-inflows-hit-90m/"> QCP Capital: Ethereum eyes 35% rally as spot ETF inflows hit $90m </a>

Bitcoin ETFs near record $6.2b inflow in US as BTC eyes $100k

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