YEREVAN (CoinChapter.com) — Bitcoin ETFs recorded $1.67 billion in weekly inflows for the trading period of November 11–15, sustaining a six-week streak of positive activity. These investments pushed the total assets under management (AUM) for spot Bitcoin ETFs to $95.4 billion, representing 5.27% of Bitcoin’s $1.8 trillion market capitalization, as reported by SoSoValue.
Spot Bitcoin ETFs Benefit From Rising Prices
Bitcoin ETFs have gained traction as Bitcoin’s price surpassed $90,000 for the first time on November 12 and climbed to a new high of $92,400 on November 13. This price momentum contributed to increased inflows, as institutional and retail investors sought exposure to the cryptocurrency through regulated products.
Bitcoin Price. Source: TradingViewInstitutional investors also play a pivotal role in driving this demand. BlackRock’s iShares Bitcoin Trust (IBIT) lead the pack, with cumulative historic inflows reaching $29.3 billion. Conversely, the Grayscale Bitcoin Trust ETF has seen a decline in investor interest, as preferences shift toward newer ETF offerings.
Institutional Investors Increase BTC ETF Exposure
Notably, large-scale institutional investors have substantially increased their holdings in spot Bitcoin ETFs. Hedge fund manager Paul Tudor Jones emerged as one of the top IBIT shareholders, with reported holdings of nearly $160 million, according to his latest 13F-HR filing. Jones added $130 million worth of IBIT shares in the third quarter, making him the ninth-largest IBIT shareholder.
Paul Tudor Jones Becomes Top 10 IBIT Holder. Source: Eric Balchunas
Similarly, Goldman Sachs also expanded its Bitcoin ETF exposure by 71%, increasing its total holdings to $710 million. In addition, other significant institutional investors include Millennium Management and IMC Chicago, highlighting the growing appeal of Bitcoin ETFs among traditional financial entities.
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