Spot bitcoin, ether ETFs recover momentum with first net-positive inflow week since October

U.S. spot bitcoin and Ethereum exchange-traded funds (ETFs) experienced their first combined week of net inflows since late October, suggesting a potential recovery after a difficult period of institutional outflows. For the shortened trading week ending November 28, spot bitcoin ETFs recorded approximately $70.1 million in net inflows, while spot Ethereum ETFs logged about $312.6 million. This contrasts sharply with the prior week, where bitcoin ETFs saw $1.22 billion in outflows over four consecutive weeks totaling over $4.3 billion in losses. On Friday, while BlackRock's IBIT fund saw $137.0 million in net outflows for the week, other funds like ARKB and FBTC saw significant inflows. For Ethereum ETFs, BlackRock's ETHA led the positive trend, contributing over 82% of the week's total inflows. Additionally, spot Solana ETFs recovered from a mid-week stumble, posting $5.4 million in inflows on Friday, led by Grayscale's GSOL.

(Source：The Block)