Daily Market Update: Fidelity and Ark Lead Bitcoin ETF Buying as Crypto Markets Recover

admin By admin 2025 年 11 月 11 日

**U.S. Bitcoin ETFs See Strong Inflows, Solana Continues to Attract Capital Amid Market Milestones**

U.S.-listed spot Bitcoin exchange-traded funds bounced back on Tuesday with $299.8 million in net inflows, ending a two-week streak of redemptions. Fidelity’s FBTC led the charge, drawing $165.9 million in new investments, while Ark 21Shares added $102.5 million to its Bitcoin ETF holdings. Grayscale’s BTC product followed with $24.1 million in inflows, signaling a fresh wave of investor confidence in crypto-linked products.

This renewed institutional interest came in sharp contrast to last week’s exodus. According to CoinShares, digital asset investment products lost $1.17 billion during the previous week, with U.S.-based Bitcoin products seeing $932 million in redemptions and Ethereum products shedding $438 million.

**European Markets Diverge With Steady Inflows**

While U.S. digital asset funds faced withdrawals, European markets took a different path. Germany saw $41 million in inflows, and Switzerland attracted $50 million in new investments during the same period. This geographic split highlights varying investor strategies, with European investors seeming to favor longer-term holdings despite broader market volatility.

**Altcoins Gain Momentum, Led By Solana**

During the period of U.S. Bitcoin ETF outflows, several altcoins demonstrated notable strength. Solana led the pack, recording $118 million in inflows last week alone and reaching a nine-week total of $2.1 billion in new investments. Other altcoins like HBAR and Hyperliquid also posted steady, albeit smaller, gains.

**Bitcoin Nears Key Supply Milestone**

Bitcoin’s circulating supply is set to cross 19.95 million coins within approximately seven days, representing 95% of its maximum 21 million coin limit. This milestone underscores Bitcoin’s programmed scarcity—a fundamental factor in its long-term investment thesis. Kraken’s global economist, Thomas Perfumo, noted that Bitcoin’s fundamentals remain intact in spite of recent price swings.

**Crypto Prices Recover as Macro Concerns Ease**

Bitcoin was trading around $103,000 after rising 1.4% on Tuesday, while Ethereum outperformed with a 2.1% gain, reaching $3,424. The price recovery coincided with renewed ETF inflows and a reduction in macroeconomic uncertainty, prompting traders to rotate back into major cryptocurrencies after two weeks of fund outflows.

**Broader Market Outlook and Safe-Haven Flows**

On Wall Street, stock market futures rose Wednesday morning ahead of a key congressional vote on a bill to end the government shutdown. The Dow Jones Industrial Average futures edged up 0.1%, S&P 500 futures increased 0.2%, and Nasdaq 100 futures gained 0.4% in pre-market trading. The Senate passed the spending bill late Monday, and investors are watching for the House vote expected later Wednesday.

Meanwhile, gold continued to attract safe-haven flows during market uncertainty, trading near record highs at $4,134.60 per ounce.

**Conclusion**

Institutional investors led by Fidelity and Ark have returned to the market, driving strong inflows into Bitcoin ETFs and contributing to a broader recovery in major cryptocurrencies. European markets and select altcoins like Solana remain resilient, while Bitcoin approaches a significant supply milestone that reinforces its scarcity and long-term appeal.
https://coincentral.com/daily-market-update-fidelity-and-ark-lead-bitcoin-etf-buying-as-crypto-markets-recover/

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