#btc #eth #AUM On December 16, inflows into Ethereum-based spot exchange-traded funds amounted to $51.1 million. Over the past 16 days, investors have invested $2.3 billion into these products.
Since launch, the instruments have attracted $2.32 billion.
AUM grew to $14.3 billion. The leaders are ETHE from Grayscale ($5.87 billion) and ETHA from BlackRock ($4.02 billion).
BTC-ETF
On December 16, inflows into BTC-ETF amounted to $636.9 million. Positive dynamics continued for the 13th consecutive day. During this time, the total inflow reached $5.96 billion.
The total inflow since the approval of BTC-ETF in January reached $36.2 billion.
AUM of the products increased to $120.7 billion. 47.8% of this amount is accounted for by IBIT. Together with GBTC from Grayscale and FBTC from Fidelity, the exchange-traded fund from BlackRock concentrated 84.6% of the funds in the sector.
Let me remind you, every $1 billion inflow into BTC-ETF pushes Bitcoin up by 3-6%, according to Sygnum's calculations.
Earlier, Bloomberg analyst Eric Balchunas concluded that the assets of the providers of these instruments surpassed the wealth of the creator of the first cryptocurrency — Satoshi Nakamoto.