Greed

Bitcoin ETF

Bitcoin

Grayscale Bitcoin Trust

United States investors poured $6.4 billion into spot Bitcoin exchange-traded funds (ETFs) in November as the BTC market price rallied 45% to the $99,000 level for the first time in history.
A month-long bull run in November resulted in Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="https://cointelegraph.com/bitcoin-price">BTC</a>) prices soaring from $68,000 to $99,000. Amid bullish sentiments, spot BTC ETFs raked in a combined $6.87 billion, with outflows of $411 million.&nbsp;
According to data from Farside Investors, BlackRock’s iShares Bitcoin Trust ETF brought in $5.6 billion of investments in November, accounting for almost 87% of the total monthly inflows.&nbsp;
<figure>
 <img alt="Bitcoin ETFs hit $6.4B inflows in November amid record BTC rally" src="https://s3.cointelegraph.com/uploads/2024-12/0193865a-54f9-7561-ab7a-3af84e45368b" title="">
 <figcaption style="text-align: center;">
 Total investment inflow and outflow of the US spot Bitcoin ETF market. Source: Farside Investors
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<h2 id="investors-showcase-confidence-in-bitcoin-price">Investors showcase confidence in Bitcoin price</h2>
Other prominent players that attracted significant investments include Fidelity’s Wise Origin Bitcoin Fund at $962 million, Grayscale’s Bitcoin Mini Trust ETF at $211.5 million and the VanEck Bitcoin ETF at $71.2 million.
Continued inflows of funds from institutions and private investors amid high BTC prices are expected to support the ongoing bull run. Traders and analysts have <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-begun-price-discovery-stage-crypto-trader" rel="" target="_self" text="null" title="https://cointelegraph.com/news/bitcoin-begun-price-discovery-stage-crypto-trader">predicted “insane long opportunities” for Bitcoin</a> in the coming months as BTC enters a price discovery phase. 
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/spot-ether-etfs-highest-daily-inflows-spot-btc-etf-flip" rel="null" target="null" text="null" title="null">Spot ETH ETFs clocks highest daily inflow day: ‘Alt rotation has begun’</a>
On the other hand, three players contributed to the $411 million in monthly outflows. The Grayscale Bitcoin Trust ETF, Bitwise Bitcoin ETF and Valkyrie Bitcoin Fund recorded outflows of $364 million, $40.4 million and $6.8 million, respectively.
The Crypto Fear &amp; Greed Index, an analysis of investor sentiment maintained by Alternative.me, also <a data-ct-non-breakable="null" href="https://alternative.me/crypto/fear-and-greed-index/" rel="null" target="null" text="null" title="null">projected</a> a strong bullish sentiment in November.
<figure>
 <img alt="Bitcoin ETFs hit $6.4B inflows in November amid record BTC rally" src="https://s3.cointelegraph.com/uploads/2024-12/0193865a-d47d-7080-9e9f-421fabcaa8b4" title="">
 <figcaption style="text-align: center;">
 A one-year plot of the Fear &amp; Greed Index. Source: Alternative.me
 </figcaption>
</figure>
<h2 id="bullish-investment-sentiment-across-november">Bullish investment sentiment across November</h2>
On Nov. 22, the Crypto Fear &amp; Greed Index marked a yearly high at 92, signaling <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-fear-greed-index-hits-7-month-high-bitcoin-reaches-81000" rel="null" target="null" text="null" title="null">solid bullish sentiment among investors</a>.
Moving into December, the index score dipped but continued to portray extremely positive sentiment. <a data-ct-non-breakable="null" href="https://pro.cointelegraph.com/" rel="null" target="null" text="null" title="null">Data</a> from Cointelegraph Markets Pro and TradingView show that BTC eased into trading sideways at $96,000 in December.
<figure>
 <img alt="Bitcoin ETFs hit $6.4B inflows in November amid record BTC rally" src="https://s3.cointelegraph.com/uploads/2024-12/0193865b-3dd7-7ba2-be3c-e08cce0c9962" title="">
 <figcaption style="text-align: center;">
 Bitcoin market price for November 2024. Source: TradingView
 </figcaption>
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Read Cointelegraph’s guide to learn more about <a data-ct-non-breakable="null" href="https://cointelegraph.com/explained/what-is-the-crypto-fear-and-greed-index" rel="" target="_self" text="null" title="https://cointelegraph.com/explained/what-is-the-crypto-fear-and-greed-index">analyzing the Crypto Fear &amp; Greed Index</a> to build effective investment strategies.
 Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/5-incredible-uses-for-based-agents-and-nears-ai-assistant/" rel="null" target="null" text="null" title="null">5 incredible use cases for Based Agents and Near’s AI Assistant</a>

Bitcoin ETFs hit $6.4B inflows in November amid record BTC rally

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