Bitcoin ETFs Record Positive Inflows – What’s Happening With Ethereum ETFs?

Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. recorded net inflows of $194.6 million on Tuesday, reversing Monday's outflows.

According to Farside, BlackRock’s IBIT led the positive results with $157.6 million raised, followed by Wisdomtree’s BTCW with $118.5 million and Fidelity’s FBTC with $65.2 million.

The ARK 21Shares Bitcoin ETF (ARKB) also saw inflows of $32.8 million.

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On the other hand, spot Ethereum ETFs saw slight outflows, with total outflows amounting to $2.9 million.

The largest inflow was recorded by BlackRock’s ETHA, which saw $11.7 million, while the largest outflow was recorded by Grayscale’s ETHE at $19.8 million.

Grayscale’s mini trust (ETH) posted the second-best results of the day, attracting $5 million, followed by Bitwise’s ETHW with $2.8 million.

Grayscale’s ETHE, on the other hand, experienced the weakest outflow since its inception, with only $39.7 million leaving the fund, a significant decrease from the $484 million it registered at launch.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.