Significant BTC Inflows and ETH Outflows in US Spot ETFs | Flash News Detail | Blockchain.News

Significant BTC Inflows and ETH Outflows in US Spot ETFs

10/26/2024 8:34:00 AM

Significant BTC Inflows and ETH Outflows in US Spot ETFs

According to EmberCN, during the week of November 21-25, 2023, US Bitcoin (BTC) spot ETFs experienced a net inflow of $998 million, leading to an increase of 14,608 BTC in holdings. The total BTC held by 12 US spot ETFs now stands at 970,000 BTC, valued at $65.091 billion. Since their inception, these ETFs have accumulated a net inflow of $21.93 billion. In contrast, Ethereum (ETH) spot ETFs in the US saw net outflows amounting to $2.445 million during the same period. (Source)

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