Bitcoin ETF Inflows Resume Amid Renewed Investor Optimism

Investor sentiment toward Bitcoin has strengthened, leading to a resurgence in inflows for U.S. spot Bitcoin exchange-traded funds (ETFs) on November 27. The renewed optimism comes as Bitcoin rallies towards the $100K milestone.

On November 27, the 12 spot Bitcoin ETFs collectively saw inflows of $103.09 million, reversing two consecutive days of outflows totaling over $561 million. Among the top performers, Bitwise’s BITB led with $48.05 million, followed by Fidelity’s FBTC, which recorded $40.24 million in inflows. Other contributors included Grayscale Bitcoin Mini Trust and Franklin Templeton’s EZBC, which added $11.99 million and $2.81 million, respectively. However, the remaining eight Bitcoin ETFs saw no inflows.

The total trading volume for these 12 Bitcoin ETFs reached $4.59 billion, consistent with the previous day. Bitcoin’s price also saw a 3% increase over the past 24 hours, trading at $95,484 after briefly reaching $97K earlier in the day. This upward movement was fueled by $56.85 million in Bitcoin short liquidations during the same period.

Meanwhile, the nine spot Ethereum ETFs also recorded inflows for the fourth consecutive day, totaling $90.1 million. Fidelity’s FETH led the Ethereum inflows with $38.01 million, followed by Grayscale Mini Ethereum Trust with $37.29 million. Other notable contributions came from VanEck’s ETHV and Bitwise’s ETHW, with $13.25 million and $1.56 million, respectively. Ethereum also saw a surge in its price, rising 5.2% to $3,598 per coin.