Bitcoin Spot ETF Inflows Hit $598M With 11-Day Streak

Key Points:

• Bitcoin Spot ETF inflows reached $598 million in a single day, continuing an 11-day streak, with BlackRock ETF IBIT contributing $432 million.
• Ethereum spot ETFs reported $274 million in inflows, marking 14 days of gains, led by BlackRock ETF ETHA at $202 million and Grayscale ETF ETH at $73M.

Bitcoin spot ETF inflows hit $598M on Dec 12, marking 11 days of consecutive growth, with BlackRock’s IBIT at $432M. Total assets now $112.546B.

Bitcoin Spot ETF Inflows Maintain Upward Streak

Bitcoin spot ETFs recorded $598 million in net inflows on December 12, extending their streak to 11 consecutive days. The largest contribution came from BlackRock’s IBIT, which alone accounted for $432 million in a single day. This strong performance reflects growing investor confidence in Bitcoin-backed financial products as a stable investment option, according to Sosovalue.

The total net asset value of Bitcoin spot ETFs has now surpassed $112.546 billion, highlighting the expanding role of ETFs in the crypto investment landscape. These consistent inflows showcase the increasing integration of cryptocurrency into traditional financial markets.

Read more:Bitcoin Spot ETF Inflows Reach $223M Over 10-Day Streak

Ethereum Spot ETFs Record Consistent Growth

Ethereum spot ETFs saw significant inflows of $274 million on December 12, continuing their growth streak for 14 consecutive days. BlackRock ETF ETHA led the charge with $202 million in single-day inflows, followed by Grayscale ETF ETH with $73.2238 million.

These inflows underline Ethereum’s position as a key player in the cryptocurrency ETF market. With continued strong investor interest, Ethereum-backed ETFs are solidifying their role in diversifying digital asset portfolios for both institutional and retail investors.