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Cryptocurrency News Articles
Ethereum ETFs Outperform Bitcoin in Weekly Inflows
Dec 01, 2024 at 02:48 am
Ethereum recorded $466.5 million in inflows to Ethereum ETFs during the week ending November 29, 2024, surpassing Bitcoin ETFs.
Ethereum exchange-traded funds (ETFs) saw a record-breaking week with inflows of $466.5 million, outpacing Bitcoin ETFs which saw $135.1 million less in inflows.
Ethereum ETFs saw inflows each trading day, while Bitcoin ETFs faced outflows on two out of four trading days. BlackRock added 4,230 BTC to its ETF, valued at $405.3 million.
Data from spot-on-chain showed a sharp rise in Ethereum ETF inflows, especially in the final trading days of November. Bitcoin ETFs recorded significant inflows and outflows, indicating relatively unstable performance.
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- Hardware Wallets & Crypto Security: Navigating the Shifting Sands of Digital Custody in NYC
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- DeepSeek Invests Big in Robot Brains with Ex-Tencent Scientist's Startup
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