19 hours
SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on November 25, 2024
The US Spot ETF Net Inflows on November 25, 2024, are recorded at -$435.3M for BTC and +$2.9M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: -$435.3M
- The net flow turned heavily negative after 5 consecutive days with strong inflows as the BTC plunged by as much as 5.2% to $92,800.
- Bitwise Bitcoin ETF (BITB) just experienced the largest outflow since launch at $280.7M, surpassing the previous low of $113.9M on November 14.
- BlackRock's iShares Bitcoin Trust (IBIT) lessened the net outflow by adding 2,821 BTC ($267.8M) to its holding.
- The cumulative total net inflow after 221 trading days now stands at $30.4B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: +$2.9M
- The net flow has remained positive for 2 consecutive trading days, albeit slightly yesterday.
- Bitwise Ethereum ETF (ETHW) saw yesterday's largest inflow at $8.7M.
- Grayscale Ethereum Trust (ETHE) had yesterday's largest outflow at $7.6M.
- Overall, the flow volumes of all 9 ETH ETFs are relatively small, all below $9M.
- The cumulative total net inflow after 89 trading days now stands at +$117.47M.
Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.