Spot Bitcoin exchange-traded funds (ETFs) in the U.S. marked their ninth consecutive day of inflows on December 10, with total net inflows across these products exceeding $34 billion for the first time.
Data from SoSoValue reveals that the 12 Bitcoin ETFs collectively attracted $439.56 million in inflows on Tuesday, continuing a streak that has added over $4 billion during the nine-day period.
Top Performers in Bitcoin ETFs
BlackRock’s IBIT led the inflow surge, pulling in $295.63 million, maintaining its dominant position for the eighth straight day. Fidelity’s FBTC followed with $210.48 million, while ARK 21Shares’ ARKB, Grayscale Bitcoin Mini Trust, and Hashdex’s DEFI added $5.77 million, $6.42 million, and $1.1 million, respectively.
Despite this positive momentum, some funds recorded outflows, including Grayscale’s GBTC with $62.82 million, Invesco’s BTCO with $11.56 million, and VanEck’s HODL with $5.45 million. Four of the 12 Bitcoin ETFs reported no activity for the day.
The total trading volume for these ETFs reached $3.78 billion on December 10, slightly below the previous day’s $4.35 billion.
Bitcoin was trading sideways, sitting just 2.5% below the $100,000 milestone at the time of writing.
Ethereum ETFs Also See Surge in Activity
Spot Ethereum ETFs mirrored Bitcoin’s inflow success, recording $305.74 million in net inflows on December 10, a 100% increase from the $149.79 million seen the previous day. This marks the third-highest single-day inflow for Ethereum ETFs, following records of $428.44 million on December 5 and $332.92 million on November 29.
Fidelity’s FETH led the Ethereum ETF inflows, drawing $202.23 million. BlackRock’s ETHA followed with $81.66 million, while the Grayscale Ethereum Mini Trust added $25.84 million. Grayscale’s ETHE was the only fund to experience outflows, losing $3.99 million, contributing to its cumulative outflows of $3.5 billion since launch.
The cumulative total net inflows for Ethereum ETFs now stand at $1.87 billion. Ethereum was down 1.2% over the past day, trading at $3,658 per coin.
Growing Appetite for Crypto ETFs
The recent inflow trends underscore increasing investor confidence in cryptocurrency-backed ETFs, driven by their integration into traditional financial markets. While Bitcoin ETFs continue to dominate in size and volume, Ethereum ETFs are rapidly gaining traction, reflecting a diversifying interest in crypto asset-backed investment products.
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