Institutional Investors Channel Substantial Capital into Bitcoin and Ethereum ETFs

As of November 12, 2024, total net capital inflow into spot Bitcoin


$
87,395
ETFs in the U.S. reached $817 million, marking a five-day streak of net inflows. BlackRock’s ETF, IBIT, stood out with an impressive $778 million net inflow in just one day, while Fidelity’s spot Bitcoin ETF attracted a net inflow of $37 million on the same day.
Contents
Interest in Spot Ethereum ETFs Grows
Continuous Increase in Institutional Interest
Interest in Spot Ethereum ETFs Grows
Although not as substantial as the inflows to spot Bitcoin ETFs, spot Ethereum


$
3,148
ETFs also performed positively on November 12, with a total of $135 million in inflows. The majority of this inflow, $131 million, came from BlackRock’s spot Ethereum ETF, while Grayscale’s spot Ethereum ETF experienced an outflow of $33 million on the same day, presenting a balanced view of investor interest in the space.
Continuous Increase in Institutional Interest
Recent figures regarding spot Bitcoin and Ethereum ETFs clearly indicate a rising interest among institutional investors in
cryptocurrencies
. The consistent net capital flow into spot ETFs suggests ongoing institutional support in the market. The substantial investments into Bitcoin and Ethereum ETFs illustrate the growing acceptance of cryptocurrencies within traditional financial markets. This trend could significantly impact the
cryptocurrency
market in the long term, especially if major players like BlackRock maintain strong fund flows.


These developments continue to strengthen the role of BTC and ETH in the institutional investment world, signaling a potential new wave of growth in the sector driven by increased allocations from institutional funds.
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Disclaimer:
The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.