BTC spot ETFs recorded a net inflow of 3,630 BTC, equating to $440.7 million, in the past 24 hours, signaling institutional confidence. ETH inflows continue, with exchange reserves at a 9-year low, indicating long-term accumulation.
Recent inflows into BTC and ETH spot ETFs underscore robust institutional interest, impacting market supply and demand dynamics. Prices remain on an upward trajectory, driven by these ETF investments and related market activities.
The report highlights a substantial increase in BTC and ETH spot ETF inflows. These funds saw upwards of $440.7 million and $62.05 million respectively. With record-setting ETF investments this quarter, the trend suggests increased institutional participation.
Market leaders like Matt Hougan of Bitwise, stating, “Q4 ETF subscriptions are on pace to surpass the prior record of $36B set in 2024 as institutions green-light allocations and the ‘debasement trade’ narrative spreads,” highlight the sustained demand for spot ETFs.
Institutional allocations witnessed a sharp rise, aligning with Glassnode’s observations of historical bullish activity during ETF-driven cycles.
BTC spot ETFs achieved a ~$5B net inflow over seven trading days, with a cumulative asset value above $160B. BTC’s price reached around $122K-$124K, reflecting ongoing institutional engagement and influence on crypto markets.
Analysts cite similar historical ETF-driven inflow patterns leading to price increases and upward revisions. Institutions’ activities suggest the potential for the largest accumulation event in the sphere’s history, driving optimistic sentiment.