Bitcoin ETFs hit $6.4B inflows in November amid record BTC rally
United States investors invested over $6.4 billion into spot Bitcoin exchange-traded funds (ETFs) in November, coinciding with a 45% price increase of Bitcoin (BTC) above $99,000. The month saw BTC prices rise from approximately $68,000 to $99,000, with total spot BTC ETF inflows reaching $6.87 billion despite $411 million in outflows. BlackRock’s iShares Bitcoin Trust ETF (IBIT) attracted $5.6 billion, representing nearly 87% of the monthly inflows. Other significant investments included Fidelity’s Wise Origin Bitcoin Fund ($962 million), Grayscale’s Bitcoin Mini Trust ETF ($211.5 million), and VanEck Bitcoin ETF ($71.2 million). The Crypto Fear & Greed Index peaked at 92 on November 22, indicating strong bullish sentiment. As December began, BTC traded sideways around $96,000, with ongoing positive investor sentiment expected to support the bull run.
