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Bitcoin and Ethereum spot ETFs turn to simultaneous net inflows

Source
Uk Jin

Summary

  • It reported that Bitcoin and Ethereum spot ETFs have turned to net inflows.
  • Bitcoin spot ETFs recorded net inflows of $354.8 million, and BlackRock's IBIT led the net inflows with $143.5 million.
  • Ethereum spot ETFs also recorded net inflows of $67.8 million, with Grayscale's ETHE showing the largest net inflow at $50.2 million.
Photo=Shutterstock
Photo=Shutterstock

The Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs), which had recently been recording continuous net outflows, turned to net inflows that day.

On the 30th (local time), according to Trader T, Bitcoin spot ETFs recorded net inflows of $354.8 million. It was the first net inflow in eight trading days.

BlackRock's IBIT led the net inflows with $143.5 million, followed by ARK Invest's ARKB (+$109.6 million), Fidelity's FBTC (+$78.6 million), and Bitwise's BITB (+$13.9 million).

Ethereum spot ETFs had net inflows of $67.8 million that day. Grayscale's ETHE and ETH recorded net inflows of $50.2 million and $14.0 million, respectively, and Fidelity's FETH followed with $3.7 million.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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