December 3 marked another strong day for cryptocurrency spot exchange-traded funds (ETFs), with Bitcoin and Ethereum ETFs recording significant net inflows.
Bitcoin ETFs Maintain Momentum
- Total net inflows for Bitcoin spot ETFs reached $676 million on December 3, marking the fourth consecutive day of positive inflows.
- BlackRock’s IBIT ETF led the charge with a daily inflow of $693 million, continuing its dominance in the market.
- Fidelity’s FBTC ETF contributed a daily inflow of $52.17 million, reflecting sustained investor interest.
Ethereum ETFs Extend Growth Streak
- Ethereum spot ETFs reported $133 million in net inflows on December 3, marking an impressive seven-day streak of positive flows.
- Fidelity’s FETH ETF was the standout, attracting $73.72 million in daily inflows.
- BlackRock’s ETHA ETF followed with $65.29 million in inflows.
Market Context
The continued inflows into Bitcoin and Ethereum spot ETFs highlight growing confidence among institutional and retail investors in regulated crypto investment products. Both Bitcoin and Ethereum prices have experienced upward trends, further fueling interest in these ETFs.
With BlackRock and Fidelity leading the market, analysts view these sustained inflows as a sign of increasing mainstream adoption of cryptocurrencies through traditional financial instruments. The consistent growth across Bitcoin and Ethereum ETFs underscores their appeal as vehicles for gaining exposure to the digital asset market.
