ETFs FINALLY RECOVERING? š¤Æ
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The brutal November for crypto ETFs is officially over. After a devastating month where Bitcoin ETFs saw outflows of $3.48 billion and Ethereum ETFs lost a staggering $1.42 billion, December is showing signs of life.
U.S. crypto ETFs are now seeing positive inflows again. Spot Bitcoin ETFs attracted $198 million in December, with BlackRock's IBIT leading the charge, accumulating nearly $4 billion in just 13 days. Total Bitcoin allocated by ETFs now exceeds $118 billion.
Ethereum spot ETFs are also bouncing back, pulling in $143.35 million in December. This recovery comes after a disastrous November, which was an unprecedented disaster for ETH ETFs. While we're not back to all-time highs, investor interest is clearly returning.
#Crypto #Bitcoin #Ethereum #ETFs #MarketRecovery
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