US Spot Bitcoin, Ethereum ETFs See Record $7.6 Billion Net Inflows For November

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Decrypt 11 months ago 172

Exchange-traded funds invested in Bitcoin and Ethereum in the U.S. are seeing record net inflows, following a bullish November that saw crypto-friendly President-elect Donald Trump take the Whitehouse.

As post-election momentum drives institutional adoption, cumulative flow data indicates steady growth since March 2024. 

The nature of these inflows suggests a maturing market where ETFs are increasingly becoming the preferred vehicle for traditional finance to gain Bitcoin exposure.

According to aggregated data from SoSoValue and CoinGlass, U.S. spot Bitcoin and Ethereum ETFs have seen over $7.54 billion in monthly net inflows.

That's more than $1.5 billion compared to February's record of $6.03 billion for Bitcoin ETFs.

Notably, Ethereum spot ETFs, which went live for trading in July, are gaining ground, with records between November 25 and November 29 seeing a net inflow of $467 million—most of which stems from BlackRock’s ETHA, representing $300 million.

Changing tides for Ethereum

Comparing daily total net inflows, Bitcoin spot ETFs accounted for $320 million, while Ethereum ETFs made $332 million, although the latter only has roughly $11 billion in n...



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