Significant Inflows in Bitcoin and Ethereum ETFs: Fidelity Leads
12/27/2024 2:42:09 PM
According to Lookonchain, on December 27, Bitcoin ETFs experienced a net inflow of 4,598 BTC, amounting to approximately $442.06 million. Fidelity was a major contributor, with inflows of 2,664 BTC valued at $256.14 million. Fidelity's total Bitcoin holdings now stand at 205,007 BTC, worth $19.71 billion. Similarly, Ethereum ETFs saw a net inflow of 32,876 ETH, totaling $111.02 million. Fidelity also led the way with 25,000 ETH inflows, valued at $84.43 million, bringing its total Ethereum holdings to 460,000 ETH, worth $1.55 billion. These substantial inflows suggest strong institutional interest and could signal potential market movements. (Source)
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