TechFlow news, December 9 — Lin Chen, Head of APAC Business at Deribit, posted on social media that last week saw strong buying sentiment for BTC ETFs, with a total net inflow of $2.775 billion and an accumulation of 28,606.26 BTC. On Thursday, BTC price successfully broke through $100,000. BlackRock continued to lead in accumulation, absorbing 26,880.87 BTC during the week—accounting for 81.7% of the total. In contrast, Grayscale continued to reduce its holdings by 3,113.12 BTC, while all other institutions remained in net inflow territory.
ETH ETFs performed strongly last week, nearly reaching a record single-day net inflow of 111,567.04 ETH on Thursday, with a weekly net inflow totaling $838 million and 222,946.99 ETH accumulated. However, ETHE saw five consecutive days of net outflows amounting to 27,180.27 ETH. The main accumulators remained BlackRock and Fidelity, adding 152,711.02 ETH and 79,052.72 ETH respectively. Additionally, the current ETH/BTC exchange rate has successfully rebounded close to 0.04.
