Bitcoin ETFs Hit Record Trading Volumes as BTC Reaches New All-Time High

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. saw impressive inflows, marking their sixth consecutive day of positive growth on November 13. On this day, Bitcoin soared past $93,000 for the first time, and the 12 Bitcoin ETFs collectively recorded $510.11 million in net inflows. Over the past six days, these ETFs experienced a total of $4.73 billion in inflows, underscoring the strong demand for Bitcoin exposure through these funds.

Among the leading players, BlackRock’s IBIT ETF led the charge, contributing $230.81 million in net inflows. Since its launch, IBIT has accumulated a massive $29.15 billion in net inflows, bringing its total assets under management (AUM) to $42.56 billion. Bloomberg’s Eric Balchunas highlighted that IBIT reached $40 billion in assets just two weeks after hitting $30 billion, shattering the previous record for asset growth speed, and positioning it in the top 1% of all ETFs by AUM. At just 10 months old, IBIT has already outgrown more than 2,800 ETFs launched in the past decade.

Fidelity’s FBTC ETF also contributed significantly, with $186.07 million in inflows, continuing its strong five-day streak of growth. Remarkably, no Bitcoin ETFs experienced outflows on the day, showcasing the bullish sentiment across the sector. Other notable inflows include:

• Grayscale Bitcoin Mini Trust: $61.3 million
• ARK and 21Shares ARKB: $14.47 million
• Bitwise BITB: $12.33 million
• VanEck HODL: $5.12 million

On November 13, the total trading volume for all 12 spot Bitcoin ETFs hit a record $8.07 billion. IBIT alone accounted for $5.37 billion, marking its largest volume day since its launch, while Fidelity’s ETF saw $1 billion in volume, its biggest day since March.

The boost in Bitcoin ETF interest coincided with the cryptocurrency’s rally to a new all-time high of $93,477, spurred by market enthusiasm following Donald Trump’s victory in the U.S. presidential election. As a result, Bitcoin has continued to outperform, repeatedly breaking its previous records in recent days. At press time, Bitcoin was still trading at $90,032, up 3.9%.

Ether ETFs See Sixth Day of Inflows

Ethereum also benefited from the positive market sentiment. The nine Ethereum spot ETFs recorded their sixth consecutive day of inflows on November 13, with $146.89 million flowing into the funds. Fidelity’s FETH led the way, with $101.72 million, followed by BlackRock’s ETHA with $35.63 million. Other contributors included Bitwise’s ETHW ($13 million) and Grayscale Ethereum Mini Trust ($2.15 million).

However, Grayscale’s ETHE, the only Ethereum ETF to record outflows on the day, saw $5.6 million withdrawn. The remaining Ethereum ETFs remained stable. Over the past six days, these funds have collectively seen over $800 million in total inflows, with the last three days marking the top inflow days since their inception. Cumulatively, net inflows into these Ethereum ETFs have now reached $241.51 million.

At press time, Ethereum was also up 2.3%, trading at $3,231 per coin.