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Bitcoin ETFs see a strong rebound with inflows of $475.15m



Exchange-traded currency Spot Bitcoin in the United States recorded inflows of $475.15 million on December 26, ending the four-day streak of outflows.

according to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $475.15 million of inflows on Thursday after four straight days of flow out that saw more than $1.5 billion leave the money.

Fidelity's FBTC led the lot with inflows of $254.37 million followed by ARK 21Shares' ARKB which attracted $186.94 million in inflows.

Black RockIBIT saw inflows of $56.51 million while Grayscale Bitcoin Mini Trust and VanEck's HODL contributed to the positive trend with smaller inflows of $7.19 million and $2.7 million respectively.

Some of the inflows on the day were offset by outflows from GBTC at Grayscale and BITB Bitwise, where withdrawals were $24.23 million and $8.32 million, respectively. The remaining five BTC ETFs recorded zero flows on the day.

The total trade volume for these investment items stood at $2.13 billion on December 26th close to the $2.16 billion seen the previous day.

At press time, Bitcoin (BTC) down 2.2% over the past 24 hours, exchanging hands at $95,996 per coin.

Ether ETF inflows hit a 3-day flow

The nine spot Ethereum ETFs also had a good day on December 26, recording inflows of $117.09 million. This marked the third consecutive day of inflows, bringing the total over the three-day streak to more than $301 million.

The majority of inflows came into FETH Fidelity which saw $82.96 million go into the fund. BlackRock's ETHA added to the postive trend with inflows of $28.18 million while Grayscale Ethereum Mini Trust saw smaller inflows of $5.95 million respectively. The remaining six ETH ETFs remained neutral on the day.

The total net inflow of these investment vehicles stood at $2.63 billion. Ethereum (ETH) down 1.9% over the past day, trading at $3,374 at the time of writing.



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