Crypto ETFs Keep Winning: Bitcoin Pulls in $223M, Ether Joins with $102M Boost

Bitcoin and Ether ETFs Continue to Rally

On Wednesday, the 12 U.S. spot bitcoin ( BTC) exchange-traded funds (ETFs) collectively attracted $223.03 million in inflows during the trading session. Leading the pack on Dec. 11 was Fidelity’s FBTC, which brought in an impressive $121.90 million.

Close behind was Ark Invest and 21shares’ ARKB fund, which added $52.67 million to its portfolio. Grayscale’s GBTC followed suit, drawing $20.13 million, while its Bitcoin Mini Trust secured $15.74 million.

Bitwise’s BITB pulled in $12.16 million, and Vaneck’s HODL fund added $2.87 million. On the flip side, Valkyrie’s BRRR fund recorded a loss of $2.44 million for the day. The new inflows of $223.03 million push total net inflows since Jan. 11 to $34.58 billion.

Approximately $3.97 billion in BTC was traded on Wednesday, according to sosovalue.com. Collectively, the 12 funds manage $113.72 billion in BTC, representing 5.67% of the leading cryptocurrency’s market cap.

Ether funds also enjoyed a positive boost, with nine ETFs collectively drawing in $102.03 million, according to sosovalue.com metrics. Topping the charts was Blackrock‘s ETHA fund, which captured a hefty $74.16 million.

Meanwhile, Grayscale’s ETHE fund faced a loss of $2.26 million, though its Ether Mini Trust managed to secure $13.38 million. Bitwise’s ETHW ETF added $8.23 million, followed by Vaneck‘s ETHV fund at $5.60 million and Franklin Templeton’s EZET fund, which pulled in $2.91 million.

The inflows collected on Wednesday by these nine funds pushed total net inflows since July 23 to $1.97 billion. Around $471.42 million in ETH was traded on the day, and the nine ETFs now oversee $13.18 billion worth of ether, representing 2.86% of the cryptocurrency’s overall market value.