Grayscale Reports $12M Bitcoin Inflow and $37.3M Ethereum Inflow Amidst ETF Developments

As per data from Farside Investors reported by COINOTAG News on November 28, significant movements have been observed in the crypto market. The net inflows for the Grayscale Bitcoin Trust (GBTC) saw an increase of $12 million, indicating a growing institutional interest in Bitcoin. Meanwhile, the Grayscale Ethereum Trust (ETHE) experienced even more substantial inflows, totaling $37.3 million. It is noteworthy that both funds reported no corresponding outflows, suggesting a strong accumulation phase for both assets. This data highlights the increasing demand for regulated crypto investment products in the United States, particularly amidst the evolving landscape of spot ETFs. Investors are closely monitoring these trends as they reflect broader market confidence in digital assets.