Rewards Hub On December 8, Bitcoin and Ethereum spot ETFs experienced contrasting flows. Bitcoin ETFs recorded a net inflow of 319 BTC, with significant contributions from ARK's ARKB ETF, which added 478 BTC, and Fidelity's FBTC ETF, which gained 305 BTC. However, BlackRock's IBIT ETF saw an outflow of 363 BTC.
In contrast, Ethereum ETFs faced a substantial net outflow of 41,601 ETH. Fidelity's FETH ETF managed to attract 10,575 ETH, and Bitwise's ETHW ETF added 1,466 ETH. Despite these inflows, BlackRock's ETHA ETF experienced a significant outflow of 24,791 ETH, contributing to the overall negative balance for Ethereum.
Bitcoin Sees Net Inflows While Ethereum Faces Significant Outflows in ETFs
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.