Significant Inflows in Bitcoin and Ethereum ETFs Reported
12/16/2024 3:17:57 PM
According to Lookonchain, there has been a notable increase in net inflows for Bitcoin and Ethereum ETFs as of December 16. Specifically, Bitcoin ETFs saw a net inflow of 5,922 BTC, equivalent to approximately $626.86 million. The iShares (Blackrock) ETF contributed significantly to this with an inflow of 3,867 BTC, valued at $409.31 million, and now holds a total of 539,021 BTC, worth $57.05 billion. Meanwhile, Ethereum ETFs experienced a net inflow of 17,019 ETH, amounting to $66.95 million. The Grayscale Ethereum Mini Trust was a major contributor, with an inflow of 18,846 ETH, valued at $74.14 million. These inflows suggest increased investor interest and confidence in these digital assets. (Source)
Bitcoin Ethereum Grayscale BlackRock iSharesMore from Lookonchain (@lookonchain): Looking for smartmoney onchain