Bitcoin ETFs Garner Almost 500 Million in Investments in Five Days Ether ETFs Maintain Ongoing Positive Performance
Spot Bitcoin ETFs in the United States continued to attract investors for the fifth consecutive day, with spot Ether ETFs also receiving inflows for the second day in a row.
According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $105.84 million on September 25, marking five consecutive days of positive inflows. During this period, the funds have accumulated over $496.56 million.
BlackRock’s IBIT, the largest Bitcoin ETF, led the inflows for the second day in a row, with $98.9 million flowing into the fund, bringing its total net inflows to $21.2 billion. BItwise’s BITB attracted $2.1 million.
However, Fidelity’s FBTC and ARK 21Shares’ ARKB experienced outflows totaling $33.2 million and $47.4 million, respectively, partially offsetting the inflows. The remaining eight BTC ETFs, including Grayscale’s GBTC, remained neutral for the day.
Since the conversion of GBTC into an ETF, investors have withdrawn over $20.1 billion from the fund. However, the significant outflows that followed the conversion have decreased in recent weeks.
The total trading volume for the 12 BTC ETFs decreased to $795.85 million on September 25, compared to $1.11 billion the previous day. Since their launch, these funds have recorded a cumulative total net inflow of $17.94 billion. Bitcoin (BTC) was trading at $63,675 at the time of writing.
In addition, the nine U.S.-based Spot Ethereum ETFs received net inflows of $43.23 million on September 25, continuing the positive performance from the previous day. The majority of the inflows went into Grayscale Bitcoin Mini Trust, which saw $26.6 million added to the fund.
BlackRock’s ETHA and Fidelity’s FETH followed with inflows of $9.4 million and $6.4 million, respectively. 21Shares CETH also saw a more modest inflow of $774.1K. The remaining ETH ETFs had no trading activity on the day.
The trading volume for these investment vehicles decreased to $124 million on September 25, down from $180.42 million the previous day. The spot Ether ETFs have experienced a cumulative total net outflow of $580.94 million. Ethereum (ETH) was trading at $2,613 at the time of publication.
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