Daily Market Update: Fidelity and Ark Lead Bitcoin ETF Buying as Crypto Markets Recover
TLDR
U.S. Bitcoin ETFs recorded $299.8 million in net inflows on Tuesday, ending a two-week streak of redemptions, with Fidelity and Ark leading the purchases.
Solana attracted $118 million in inflows last week, bringing its nine-week total to $2.1 billion as investors continue backing the altcoin.
Bitcoin’s circulating supply will cross 19.95 million coins in approximately seven days, reaching 95% of its maximum 21 million coin limit.
European markets showed divergent flows with Germany and Switzerland seeing inflows while U.S. Bitcoin products lost $932 million and Ethereum products shed $438 million last week.
Bitcoin traded around $103,000 after rising 1.4% while Ethereum gained 2.1% to $3,424 as traders rotated back into major cryptocurrencies.
U.S.-listed spot Bitcoin exchange-traded funds saw $299.8 million in net inflows on Tuesday, reversing two weeks of steady redemptions. Fidelity’s FBTC led the buying with $165.9 million in new investments.
Ark 21Shares added $102.5 million to its Bitcoin ETF holdings. Grayscale’s BTC product brought in $24.1 million as investors returned to crypto-linked products.
On Nov. 11 (ET), Ethereum spot ETFs saw total net outflows of $107 million, with none of the nine ETFs posting inflows. Bitcoin spot ETFs registered total net inflows of $524 million, led by BlackRock’s IBIT, which recorded the largest single-day inflow of $224 million. Solana… pic.twitter.com/m79CaPn5dn
— Wu Blockchain (@WuBlockchain) November 12, 2025
The Tuesday inflows stand in sharp contrast to last week’s outflows. Data from CoinShares showed digital asset investment products lost $1.17 billion during the previous week.
Bitcoin products in the U.S. saw $932 million in redemptions last week. Ethereum products lost $438 million during the same period.
European Markets Show Different Pattern
European markets continued attracting capital during the redemption period. Germany saw $41 million in inflows while Switzerland recorded $50 million in new investments.
The geographic split suggests different investor positioning between U.S. and European markets. European investors appear focused on longer-term holdings.
Altcoins showed strength during the period of Bitcoin ETF outflows. Solana brought in $118 million in inflows last week alone.
The altcoin’s nine-week total reached $2.1 billion in new investments. HBAR and Hyperliquid also posted smaller but steady gains according to CoinShares data.
Bitcoin Supply Nearing Key Milestone
Bitcoin’s circulating supply will cross 19.95 million coins in approximately seven days. This represents 95% of the cryptocurrency’s maximum supply of 21 million coins.
Kraken’s global economist Thomas Perfumo said Bitcoin’s fundamentals remain intact despite recent volatility. The approaching milestone highlights Bitcoin’s programmed scarcity.
Bitcoin traded around $103,000 after rising 1.4% in Tuesday trading. Ethereum outperformed with a 2.1% gain to reach $3,424.
The price recovery came as ETF inflows resumed and macro concerns eased. Traders rotated back into major cryptocurrencies after two weeks of fund outflows.
Stock market futures rose Wednesday morning ahead of a key congressional vote. The House is expected to vote on a spending bill to end the government shutdown.
The Dow Jones Industrial Average futures rose 0.1% while S&P 500 futures increased 0.2%. Nasdaq 100 futures gained 0.4% in pre-market trading.
The Senate passed the spending bill late Monday. Investors are watching for the House vote expected Wednesday afternoon.
Gold traded near record highs at $4,134.60 per ounce. The precious metal continues attracting safe-haven flows during periods of market uncertainty.
Fidelity and Ark led Tuesday’s Bitcoin ETF buying as institutional investors returned to the market.
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Filed under: News - @ November 12, 2025 7:21 am