The rally in Bitcoin prices has led to a massive inflow of investments into Bitcoin ETFs. As a result, investments in Bitcoin ETFs in the US for the week from November 6 to 11 amounted to $2.6 billion. The positive sentiment of investors also spread to the Ether ETF ecosystem.

November 11 Ether ETFs Inflows

On November 11, Ether ETFs in the US recorded the highest daily inflows in their history since the launch in July. As for the dynamics of quotations, the risk of a correctional movement, which we wrote about yesterday, is currently being realized. Buyers took a pause, however, this does not necessarily mean the beginning of a decline. Trading volumes are increased, and the downward movement, for now, is not developing. Based on the combination of factors, a price peak update cannot be ruled out. The probability of volatility growth will be higher towards the beginning of the North American trading session.