The US Spot ETF Net Inflows on November 7, 2024, are recorded at +$1.372B for BTC and +$79.7M for ETH.

Fig 1. The US Bitcoin and Ethereum ETF inflows.

1. Key statistics for 11 Bitcoin Spot ETFs: +$1.372B (final)

• This is the largest net inflow by the US BTC ETFs ever, breaking the previously largest inflow of $1.05B on March 12 (167 days ago). The net flow has also been strongly positive for 2 consecutive trading days.
• BlackRock's iShares Bitcoin Trust (IBIT) saw a massive inflow of $1.169B yesterday, the largest inflow since its launch. In the past 3 weeks, this ETF has added a net 77,649 BTC ($5.48B), raising its BTC holdings to 447,281 BTC ($33.86B), or 2.26% of the circulating supply.
• The cumulative total net inflow after 209 trading days now stands at $25.53B.

Fig 2. All-time Net Inflow of 11 Bitcoin ETFs.

2. Key statistics for 9 Ethereum Spot ETFs: +$79.7M (corrected)

• This net inflow was the third-largest inflow ever by ETH ETFs. The net flow has also been strongly positive for 2 consecutive trading days.
• Fidelity Ethereum Fund (FETH) led the ETH ETFs with an inflow of $28.9M yesterday.
• The cumulative total net inflow after 77 trading days now stands at -$416M.

Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.