What’s the Latest Situation in Spot Bitcoin and Ethereum ETFs as Bitcoin Runs from Record to Record? Here is the Current Data…

Leading cryptocurrency Bitcoin It broke the record with a rise in the early morning hours and rose above $ 97,000.

This ongoing rise in Bitcoin in recent days was also reflected in spot Bitcoin ETFs, and there was a net inflow of 773 million dollars yesterday.

According to data from Farside Investors, on November 20 spot Bitcoin ETFs experienced total net inflows of $773 million.

BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the way with $626 million, followed by Fidelity’s FBTC with $133 million.

Bitwise’s BITB saw small inflows of $9.2 million and Ark Invest’s ARKB of $3.8 million, while other ETFs experienced zero inflows.

With the new ATH in Bitcoin, the total net asset value of US spot Bitcoin ETFs also surpassed $100 billion on Wednesday. This figure represents approximately 5.4% of the entire Bitcoin market value.

BlackRock’s IBIT has $45.4 billion in net assets, while Grayscale’s GBTC has $20.6 billion in net assets. These figures make them the two largest spot Bitcoin ETFs.

Unlike Bitcoin ETFs spot Ethereum ETFThere was an outflow in ‘s, with a net outflow of $30.3 million from ETH ETFs on November 20.

While BlackRock iShares Ethereum Trust ETF experienced an inflow of $16.7 million, Fidelity’s FETH fund saw an outflow of $30.7 million.

Grayscale Ethereum Trust ETF also experienced an outflow of $16.3 million, while other ETFs recorded zero inflows.

Bitcoin continues to trade at $97,540, up 4.5% in the last 24 hours.

*This is not investment advice.