Significant Inflows in Bitcoin and Ethereum ETFs on December 12
12/12/2024 3:35:45 PM
According to Lookonchain, there has been a substantial net inflow in Bitcoin and Ethereum ETFs as of December 12. Specifically, Bitcoin ETFs experienced a net flow of +1,582 BTC, equivalent to approximately $160.28 million. Fidelity alone contributed with an inflow of 1,201 BTC, valued at $121.71 million, and now holds a total of 206,885 BTC, worth $20.96 billion. In the Ethereum market, the net flow for Ethereum ETFs was +28,737 ETH, totaling $114.23 million. iShares, managed by Blackrock, accounted for an inflow of 19,386 ETH, valued at $77.06 million, and currently holds 929,056 ETH. These movements indicate strong institutional interest and potential bullish sentiment in both Bitcoin and Ethereum markets. (Source)
Bitcoin Ethereum Fidelity BlackRock iSharesMore from Lookonchain (@lookonchain): Looking for smartmoney onchain