Ethereum

Major

Bitcoin

Spot

BlackRock

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/spot-bitcoin-and-ethereum-etfs-draw-major-capital" data-wpel-link="internal" rel="noopener noreferrer nofollow">Spot Bitcoin and Ethereum ETFs Draw Major Capital</a><br></p>
<p style="text-align: justify">In December, spot <a href="https://en.bitcoinhaber.net/jan-van-eck-predicts-bitcoin-price-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> ETFs in the U.S. witnessed a substantial surge in investments. On December 3rd alone, the total net inflows approached $676 million, with an impressive cumulative investment of $1.1 billion within the first four days. Among the standout performers were the ETFs managed by BlackRock and Fidelity, which attracted considerable attention during this remarkable period.</p>
<h2 style="text-align: justify" id="what-were-the-major-contributors">What Were the Major Contributors?</h2>
<p style="text-align: justify">BlackRock’s spot Bitcoin ETF, known as IBIT, recorded a striking net inflow of $693 million on December 3rd. Meanwhile, Fidelity’s FBTC ETF also performed well, achieving a net inflow of $52.17 million on the same day. Such significant inflows suggest a rising interest in spot Bitcoin ETFs, a trend that has shown consistency over four consecutive days.</p>
<h2 style="text-align: justify" id="how-did-ethereum-etfs-perform">How Did Ethereum ETFs Perform?</h2>
<p style="text-align: justify">Spot Ethereum ETFs also attracted noteworthy investments, totaling a net inflow of $133 million on December 3rd. This positive momentum has been sustained over the week, with Fidelity’s FETH ETF leading the pack at $73.72 million, and BlackRock’s ETHA ETF trailing closely with $65.29 million in inflows. This demonstrates an escalating appetite for both Bitcoin and Ethereum ETFs among investors.</p>
<p style="text-align: justify">Key takeaways from this influx of capital include:</p>
<ul>
 <li>Robust interest in regulated crypto investment products.</li>
 <li>Positive market sentiment reflected in ETF performance.</li>
 <li>Potential for sustained growth in crypto investment vehicles.</li>
</ul>
<p style="text-align: justify">The significant rise in capital flowing into spot Bitcoin and Ethereum ETFs illustrates increasing investor confidence and the adoption of cryptocurrencies via regulated investment channels. Given the current trajectory, this positive trend in ETFs is likely to continue in the near future.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/spot-bitcoin-and-ethereum-etfs-draw-major-capital" data-wpel-link="internal" rel="noopener noreferrer nofollow">Spot Bitcoin and Ethereum ETFs Draw Major Capital</a></h5>

Spot Bitcoin and Ethereum ETFs Draw Major Capital

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