The US Spot ETF Net Inflows on November 8, 2024, are recorded at +$293.6M for BTC and +$85.9M for ETH.

Fig 1. The US Bitcoin and Ethereum ETF inflows.

1. Key statistics for 11 Bitcoin Spot ETFs: +$293.6M

• The net flow has been strongly positive for 3 consecutive trading days.
• The total flow for BTC ETFs this week is +$1.63B, with inflows on 3 out of 5 trading days. Notably, this week saw both the second-largest outflow (November 4) and the largest inflow (November 7) for BTC ETFs to date.
• In specific, BlackRock's iShares Bitcoin Trust (IBIT) added 16,254 BTC ($1.25B) this week, now holding 449,967 BTC.
• The cumulative total net inflow after 210 trading days now stands at $25.82B.

Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.

2. Key statistics for 9 Ethereum Spot ETFs: +$85.9M

• The net flow has been non-negative for 4 consecutive trading days.
• The total flow for ETH ETFs this week is +$154.6M, with inflows on 3 out of 5 trading days. Notably, this week saw the third-largest and fourth-largest inflows (November 8 and 7) and the seventh-largest outflow (November 4) for ETH ETFs to date.
• The cumulative total net inflow after 78 trading days now stands at -$330.

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