Bitcoin
EthereumMonthly Overview
In November 2024, net flows into spot crypto ETFs totaled +$7.5B, driven primarily by Bitcoin and Ethereum. Only two assets recorded inflows, indicating a concentrated interest in these cryptocurrencies.
Weekly Breakdown
| Week | Net flow |
|---|---|
| Nov 1 | -$65.8M |
| Nov 4 – Nov 8 | +$1.8B |
| Nov 11 – Nov 15 | +$2.2B |
| Nov 18 – Nov 22 | +$3.3B |
| Nov 25 – Nov 29 | +$331.4M |
Biggest Fund Moves
Largest inflows
- BlackRock (BTC): +$5.6B
- Fidelity (BTC): +$962.9M
- BlackRock (ETH): +$760.3M
- Fidelity (ETH): +$309.7M
- Grayscale BTC (BTC): +$211.5M
Largest outflows
Market Interpretation
Bitcoin led the inflows with a net increase of +$6.5B, largely attributed to significant contributions from BlackRock and Fidelity. Ethereum also saw positive movement, with a net inflow of +$1.1B, primarily from the same institutional players. The strongest day was November 7, with inflows of +$1.5B, while the largest outflow occurred on November 4, showing a potential moment of volatility for investors.
Conclusion
The month concluded with strong inflows, emphasizing the ongoing interest in Bitcoin and Ethereum. Overall, the net figure for the month stood at +$7.5B.
Flows are net creations minus redemptions, published the next morning (T+1). Text written by AI from computed figures. Market data for informational purposes only. Not investment advice.