Crypto ETFs Surge as Bitcoin, Ethereum, and Solana See Major Inflows

• Crypto ETFs for Bitcoin, Ethereum, and Solana see strong inflows, highlighting growing investor demand.
• Fidelity-led Bitcoin and Ethereum ETFs attract major daily investments, totaling over $350 million.
• New ETFs, including Bitcoin AfterDark and BlackRock Staked ETH, signal innovative market offerings.

Crypto ETFs are also gaining popularity because of the evident interest that investors have shown in Bitcoin, Ethereum, and Solana. There are also new products, which include a Bitcoin ETF that operates when the markets are not open. According to analysts, the following launches and filings that will take place in the near future could affect investment choices.

According to data provided by Sosovalue on December 9 (ET), there is heavy inflow activity for the top crypto ETFs. Bitcoin spot ETFs saw a total net inflow of $152 million, led by Fidelity’s FBTC of $199 million.

Source: Sosovalue

Ethereum spot ETFs also recorded large volumes, with total net inflows of $178 million, led by Fidelity’s FETH, which saw $51.47 million. Solana ETFs recorded total net inflows of $16.54 million, with Bitwise’s SOL ETF (BSOL) contributing $7.78 million, which was the single biggest daily inflow for the token.

Bitcoin AfterDark ETF Hits Market

Adding to the excitement, crypto analyst Crypto Patel highlighted the launch of a new crypto ETF: the Tidal Trust Bitcoin AfterDark ETF. This particular crypto ETF is interesting for the fact that it invests only in Bitcoin when the markets are not open.

Source: X

This is because it appears that the majority of the price movement of Bitcoin occurs when the markets are closed. According to Patel, this is the very first Bitcoin-focused night-time trading ETF.

BlackRock Files Staked Ethereum ETF

However, Grey BTC pointed out another development that may affect Ethereum investors. BlackRock filed for a staked ETH ETF, which is seen as a very bullish sign for Ethereum. This could also affect those who already have spot Ethereum ETFs.

Also Read | Binance Coin Price Outlook: Will BNB Hit $1,000 Before Year-End?

Crypto ETF Inflows Boost Solana

Solana ETFs are also drawing interest. SolanaFlore, the analyst, reported that these products recorded $16.6 million of inflows yesterday, increasing total inflows to $655 million. Bitwise, a specific Solana ETF, saw total inflows break the $600 million barrier, indicating continued support for Solana’s ETF products.

Source: X

Overall, these initiatives reflect the rising interest in crypto ETFs, signifying the innovation that is emerging within the crypto space, where new products will attempt to offer distinct exposure to Bitcoin, Ethereum, and Solana.

Also Read | Solana Holds $138 Support While On-Chain Data Reveals Tightening Liquidity