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Reading: Despite the Holiday Season, Investors Are Collecting Bitcoin and Ethereum! 4-Day Breakout Streak for ETFs Ends!
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EdaFace Newsfeed > Latest News > Crypto News > Despite the Holiday Season, Investors Are Collecting Bitcoin and Ethereum! 4-Day Breakout Streak for ETFs Ends!
Crypto News

Despite the Holiday Season, Investors Are Collecting Bitcoin and Ethereum! 4-Day Breakout Streak for ETFs Ends!

vitalclick
Last updated: December 27, 2024 9:37 am
2 months ago
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As of December 26 spot Bitcoin $95,362.8 ETF‘s saw net inflows worth $475 million, following net outflows in the last four days. The ending of the debut series is in the spotlight Bitcoin It shows renewed investor interest in ETFs. Fidelity‘s Bitcoin ETF (FBTC) stood out with a net inflow of $254 million.

Inflows into Bitcoin ETFs RestartedInvestment Inflows into Spot Ethereum ETFs Also Increased

Inflows into Bitcoin ETFs Restarted

Total net inflows into Spot Bitcoin ETFs of $475 million cryptocurrency marketIt was the harbinger of an important comeback. These inflows, following the outflows in the last four days, are investors’ biggest hit once again. cryptocurrencyIt shows that it is heading either way. Fidelity’s Bitcoin ETF (FBTC) attracted particular attention, receiving $254 million in net inflows. This was recorded as one of the highest investment levels in recent times. Bitcoin’s recovery seems to create a positive atmosphere in the market.

BTC ETF

On the other hand spot Ethereum $3,370.5 ETF‘s also saw a net inflow of $117 million on December 26. This is the altcoin king EthereumIt indicates that interest in Ethereum is increasing and investors continue to turn to Ethereum. Fidelity’s Ethereum ETF (FETH) was the largest contributor with a net inflow of $82.96 million. BlackRock‘s Ethereum ETF (ETHA) attracted attention with a net inflow of $ 28.17 million. Ethereum continues to attract investor interest and the overall positive sentiment in the market supports this growth.

Investment Inflows into Spot Ethereum ETFs Also Increased

The increase in interest in Ethereum is especially altcoin market may be decisive for The net inflow of $117 million on December 26 shows increased confidence in Ethereum and the altcoin market in general. Fidelity and BlackRock’s spot Ethereum ETFs received net inflows of $82.96 million and $28.17 million, respectively. The latest numbers on the Ethereum ETFs side prove continued belief in the altcoin king’s potential and investor interest.

ETH ETF

In the cryptocurrency market, recent investment interest in Bitcoin and Ethereum ETFs has become a trend followed by market players. These large investment flows into both Bitcoin and Ethereum ETFs despite the holiday season indicate that significant developments may occur in the cryptocurrency market.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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