US Spot Crypto ETFs See Broad Inflows Last Week; Bitcoin Gains $924.48 Million, Ether $824.42 Million
Minseung Kang
Summary
- Major U.S.-listed spot cryptocurrency ETFs all posted net inflows last week.
- U.S. spot Bitcoin (BTC) ETFs recorded total net inflows of $924.48 million last week, while spot Ether (ETH) ETFs posted $824.42 million in net inflows.
- Spot Solana (SOL) and XRP (XRP) ETFs also logged net inflows of $153.87 million and $110.49 million, respectively, extending inflows across major spot ETFs.
Forecast Trend Report by Period
Major U.S.-listed spot cryptocurrency exchange-traded funds posted net inflows across the board last week.
Cointelegraph reported on August 31 that U.S. spot Bitcoin ETFs recorded total net inflows of $924.48 million last week.
Over the same period, spot Ether ETFs posted net inflows of $824.42 million. Spot Solana and XRP ETFs also logged net inflows of $153.87 million and $110.49 million, respectively.
The inflows were not limited to Bitcoin and Ether, with major spot ETFs tied to Solana and XRP also attracting fresh money.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.