Institutional Investors Fuel Bitcoin ETF Inflows, Ethereum ETFs See Outflows

Institutional investors injected $524 million into Bitcoin exchange-traded funds (ETFs) on November 11th. Meanwhile, Ethereum ETFs experienced net outflows totaling $107 million, as demand for the asset waned. Bitcoin spot ETFs continued attracting significant capital with BlackRock’s iShares Bitcoin Trust (IBIT) leading the inflows, reaching $224 million. This surge in Bitcoin ETF activity reflects strong investor confidence in the digital currency as a long-term investment. In contrast, Ethereum spot ETFs saw no inflows and recorded outflows of $107 million across all nine products.