Bitcoin Spot ETFs Attract Over $2 Billion in Five Days

On December 4, inflows into spot Bitcoin ETFs amounted to $556.82 million. Over the past five days, investors have directed $2.01 billion into these products.

Of the total amount, $571.7 million was attributed to BlackRock’s IBIT. Previously, the number of coins on the entity’s balance exceeded 500,000 BTC.

The cumulative inflow since the approval of BTC-ETFs in January has reached $32.3 billion. The AUM of these products has increased to $103.9 billion.

ETH-ETF

Inflows into ETH-ETFs amounted to $167.6 million. This positive trend has continued for the eighth consecutive day.

Throughout the instruments’ trading period, investors have directed $897.8 million. The AUM of these instruments has grown to $12.3 billion.

Earlier, Bernstein predicted the inclusion of staking in ETH-ETFs.

Back in May, the Commission approved the 19b-4 forms for the instrument; two months later, the S-1 filings were approved. None of the proposals included staking. At that time, Hester Peirce from the SEC assured that “any feature of the products is always open for review.”

In July, Bloomberg analyst Eric Balchunas suggested that both staking and the option for in-kind redemption could become realities if there is a change in the U.S. presidency.