Bitcoin and Ethereum Gain Momentum as Institutional Investors Reinforce ETFs
In the latest week of crypto market activity, Bitcoin and Ethereum have shown a resilient recovery, driven largely by significant inflows into spot‑exchange‑traded funds (ETFs) and the anticipation of major protocol upgrades.
Spot Bitcoin ETFs Reverse a Four‑Week Outflow Streak
According to data from SoSoValue, spot‑Bitcoin ETFs posted roughly $70 million in net inflows during the week ending 29 November, breaking a bruising streak of four consecutive weeks of withdrawals that had drained $4.35 billion from the sector. The largest weekly outflow of the month, $1.22 billion, had occurred in the weeks ending 7 and 21 November.
Daily flows were uneven. BlackRock’s IBIT saw $113.7 million in outflows on Friday, yet the fund’s rivals offset the loss. Fidelity’s FBTC attracted $77.5 million and ARK 21Shares’ ARKB drew $88 million, while other spot funds collectively gained $76 million. In aggregate, the net asset value of spot‑Bitcoin ETFs rose to $119.4 billion, representing about 6.5 % of Bitcoin’s market capitalization.
BlackRock’s Record ETF Inflows
The institutional momentum was further underscored by BlackRock’s recent acquisition of $589 million worth of Bitcoin and Ethereum. In just three days, the firm bought 4,044 BTC (≈ $354 million) and 80,121 ETH (≈ $235 million) from Coinbase, according to Arkham data cited by OnChain Lens. This purchase represents one of the largest single‑month accumulations by an ETF issuer and signals growing confidence in the underlying assets.
Nasdaq Expands Options Limits for IBIT
In a move that reflects heightened institutional interest, Nasdaq is seeking a four‑fold increase in options limits for IBIT, BlackRock’s spot‑Bitcoin ETF. The proposal is aimed at accommodating the projected surge in trading volume and enabling market participants to better manage risk in an increasingly active ETF landscape.
Ethereum’s Rally Ahead of the Fusaka Upgrade
Parallel to Bitcoin’s rebound, Ethereum’s price crossed $3,000 on 27 November, buoyed by a 3 % gain in the past 24 hours and a broader 3.45 % market rally. Analysts note that the upcoming Fusaka upgrade (scheduled for 3 December) is expected to deliver substantial scalability and cost‑efficiency improvements across Ethereum’s execution and consensus layers, potentially spurring further upside.
The rally also coincided with a broader crypto market recovery that saw altcoins such as Solana, Ripple, Dogecoin, and Cardano rally alongside Bitcoin and Ethereum. The consensus among market observers is that the combination of institutional inflows, ETF momentum, and forthcoming protocol upgrades will likely sustain the current bullish trend.
Fundamental snapshot (as of 27 November 2025)
| Metric | Value |
|---|---|
| Bitcoin close price | $90,756.80 |
| 52‑week high | $130,063 (8 August) |
| 52‑week low | $59,300.90 (17 November) |
| Market cap | $1,064,672,635.885 USD |
These figures underscore the breadth of Bitcoin’s recent recovery and the increasing institutional appetite for crypto‑asset exposure through regulated ETF vehicles. The convergence of inflows, market sentiment, and technological advancements suggests a continued trajectory of growth for the leading digital currencies.
