Bitcoin exchange-traded funds (ETFs) saw record inflows of over $1 billion as Bitcoin's price approached $100,000. Notably, BlackRock and Fidelity ETFs attracted the majority of the investment, with BlackRock’s iShares Bitcoin Trust leading with $608 million on November 21. This surge followed the SEC's approval for spot Bitcoin ETFs, which marked a turning point in capital flow into these investment vehicles. Overall, U.S. Bitcoin ETFs have reached a significant milestone, amassing over $100 billion in assets, revealing their growing dominance in the market. In comparison, Ethereum ETFs faced a downturn, continuously recording outflows since November 14, clouding investor sentiment in that sector. This shift emphasizes the current trend favoring Bitcoin over Ethereum in ETF investments.

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