Editor's PiCK

US Bitcoin and Ethereum spot ETFs recorded net inflows of $3.2 billion and $1.3 billion last week, respectively

Source
Suehyeon Lee

Summary

  • U.S. Bitcoin spot ETF recorded net inflows of $3.24 billion last week.
  • During the same period, Ethereum spot ETF also had $1.3 billion in net inflows.
  • All nine ETFs showed net inflows.
Photo=Ublockchain
Photo=Ublockchain

U.S. Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs) recorded large weekly net inflows last week, continuing a positive trend.

On the 6th (local time), Ublockchain, citing SosoValue Data, said that last week (Sept. 29–Oct. 3) Bitcoin spot ETFs saw total net inflows of $3.24 billion (approximately KRW 4.5765 trillion), marking the second-largest weekly inflow in history.

During the same period, Ethereum spot ETFs also had net inflows of $1.3 billion (approximately KRW 1.8362 trillion), and all nine ETFs showed net inflows.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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