Bitcoin ETFs Continue Inflow Streak While Ethereum ETFs See Decline
01.10.2024 12:30 1min. read Alexander Stefanov
Bitcoin spot ETFs in the U.S. maintained their positive streak on Monday, with net inflows reaching $61.3 million, marking eight straight days of gains.
BlackRock’s IBIT led the charge, pulling in $72.15 million, while Fidelity’s FBTC grew by $8.32 million.
Meanwhile, Ark and 21Shares’ ARKB saw outflows of $9.5 million after significant gains last Friday, and Bitwise’s BITB also reported outflows of $9.67 million.
Grayscale’s GBTC had no activity after an inflow of $26.15 million on Friday. Total trading volume for Bitcoin ETFs dropped to $1.37 billion from $1.87 billion.
Ethereum ETFs, by contrast, faced net outflows of $822,290, despite BlackRock’s ETHA gaining $10.99 million, marking five consecutive days of inflows.
Grayscale’s ETHE lost $11.81 million. Total trading volume for Ethereum ETFs also declined from $249.09 million to $149.14 million.
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