Bitcoin and Ethereum Spot ETFs Experience $304 Million Inflows Over Six Consecutive Trading Days

The digital asset spot Exchange-Traded Fund (ETF) market is showcasing remarkable investor confidence, with Bitcoin (BTC) and Ethereum (ETH) spot ETFs collectively attracting $304 million (approximately 446 billion Korean won) in inflows over the past six consecutive trading sessions. This trend underscores growing institutional interest and bullish sentiment for these leading cryptocurrencies as both Bitcoin reached record highs and Ethereum posted a notable 3% performance gain during the same period.

Bitcoin Spot ETFs Lead the Charge With Record-Breaking Inflows

According to data from Facet Investors reported on November 6, Bitcoin Spot ETFs accounted for $220.1 million (approximately 322.5 billion Korean won) in inflows within this timeframe. The surge began on October 29, marking six consecutive trading sessions of net inflows, fueled by robust market momentum from Bitcoin's performance at record-high levels.

Breakdown of Major Bitcoin Spot ETF Inflows:

• Fidelity’s FBTC: Dominated the inflow charts with $112.3 million (approximately 164.5 billion won).
• Bitwise’s BITB: Garnered $60.1 million (approximately 88 billion won).
• Grayscale BTC Fund: Contributed $30.6 million (approximately 45 billion won).
• Invesco’s BTCO: Received inflows of $7.5 million (approximately 11 billion won).
• WisdomTree’s BTCW: Recorded $6 million (approximately 9 billion won).
• Franklin Templeton’s EZBC: Brought in $3.6 million (approximately 5.3 billion won).

While these funds saw significant inflows, four other Bitcoin ETFs remained flat, highlighting a concentration of interest in leading ETFs.

Ethereum Spot ETFs Follow Suit With $84 Million Inflows

Ethereum demonstrated strong market momentum, gaining 3% in price on November 6 and boosting investor confidence in ETH Spot ETFs. A total of $84 million (approximately 123 billion won) in inflows was recorded over the six trading sessions starting October 29, aligning with Bitcoin’s trend and further solidifying digital asset spot ETFs as a growth category.

Breakdown of Major Ethereum Spot ETF Inflows:

• Bitwise’s ETHW: Captured $27 million (approximately 39.5 billion won).
• Fidelity’s FETH: Secured $23.5 million (approximately 34.5 billion won).
• Grayscale’s ETHW: Received inflows of $14.8 million (approximately 21.7 billion won).
• Grayscale ETH Fund: Attracted $18.7 million (approximately 27.4 billion won).

An additional five Ethereum ETFs exhibited steady performance without significant net inflows, indicating selective investor preference among leading Ethereum funds.

Sustained Growth Reflects Investor Optimism

The consistent inflows into Bitcoin and Ethereum spot ETFs over the six trading days reflect a growing wave of investor trust and enthusiasm around digital assets. With both cryptocurrencies demonstrating strong price action and robust market momentum, these developments signal the increasing institutional adoption and confidence in spot ETFs as a viable investment vehicle for exposure to crypto markets.

This sustained pattern of inflows reinforces the importance of Bitcoin and Ethereum as pillars of the digital asset ecosystem and serves as an indicator of broader market trends favoring crypto-linked products. As investor interest continues to rise, the prospects for digital asset spot ETFs remain promising amidst the dynamic cryptocurrency landscape.