According to SoSoValue data, inflows into Bitcoin ETFs increased by 168% compared to the previous day, reaching $597.57 million. This was the 11th consecutive trading day and Bitcoin ETFs received inflows totaling over $4.4 billion. This rise led to net inflows of Bitcoin ETFs exceeding $35.17 billion.

Most of this increase went to BlackRock’s IBIT fund. The IBIT fund received inflows of $431.6 million on December 12. BlackRock is the world’s largest asset manager, generating a total net flow of $35.49 billion since the launch of its IBIT fund. Grayscale Bitcoin Mini Trust recorded the second highest inflow with $110.76 million.

Bitwise’s BITB fund received $61.45 million, while Fidelity’s FBTC fund received $30.54 million. ARK and 21Shares’ ARKB and WisdomTree funds reported lower inflows at $8.97 million and $2.65 million, respectively, while Grayscale’s GBTC fund reported outflows of $48.4 million.

The remaining five Bitcoin ETFs exhibited a neutral position and did not make any net inflows or outflows.

The total trading volume of Bitcoin ETFs reached $3.15 billion on December 12, remaining lower than the $3.97 billion recorded the previous day. However, on December 12, inflows into Ethereum ETFs also increased significantly, reaching $273.67 million.

This marked a 168% increase in Ethereum ETFs from the $102.03 million recorded the previous day.

BlackRock’s ETHA fund attracted the bulk of inflows to Ethereum ETFs, attracting $202.31 million. Grayscale Ethereum Mini Trust received $73.22 million inflow.

Fidelity’s FETH fund contributed $19.42 million, and 21Shares’ fund contributed $1.55 million. However, Grayscale’s ETHE fund reported an outflow of $22.83 million on December 12. This brings the ETHE fund’s total outflow since its launch to $3.52 billion.

These large inflows into Bitcoin and Ethereum ETFs show that investor interest in cryptocurrencies is increasing and institutions are becoming more involved in this space. Bitcoin ETFs, particularly BlackRock’s IBIT fund, are gaining huge traction among investors and are supporting Bitcoin’s move towards the mainstream.

Ethereum ETFs are growing in a similar way, presenting a significant opportunity for Ether investors. These developments not only strengthen the role of cryptocurrencies in financial markets, but may also be a signal for further clarification of regulations in this area.

While Bitcoin was trading at $99,985 that day, Ethereum was at $3,917. These high inflows and investments show that cryptocurrency markets will continue to grow and Bitcoin and Ethereum will become even more important investment tools in the future.