On September 26, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded their highest net inflows in two months, totaling $365.7 million. The surge was spearheaded by ARK 21Shares’ ARKB, which alone attracted $113.8 million.
Data from SoSoValue indicates that 12 spot Bitcoin ETFs collectively saw $287.8 million in net inflows on the same day, continuing a six-day streak of positive momentum. This level of inflows had not been observed since July 22.
BlackRock’s IBIT, the largest Bitcoin ETF by assets, secured $93.4 million in inflows, marking its fourth consecutive day of gains and pushing its total net inflows to over $21.3 billion. Fidelity’s FBTC, Bitwise’s BITB, and VanEck’s HODL also experienced significant inflows, drawing $74 million, $50.4 million, and $22.1 million, respectively. Other ETFs such as BTCO, EZBC, BRRR, and Grayscale Bitcoin Mini Trust joined the upward trend with inflows of $6.5 million, $5.7 million, $4.6 million, and $2.9 million, respectively.
In contrast, Grayscale’s GBTC was the only Bitcoin ETF to record outflows, with $7.7 million leaving the fund. Since its inception, GBTC’s total outflows have surpassed $20.1 billion.
Overall trading volume for the 12 Bitcoin ETFs surged to $2.43 billion on September 26, more than triple the volume from the previous day. These funds have accumulated a total net inflow of $18.31 billion since their launch.
Bitcoin itself saw a 2.7% increase over the past day, trading at $65,323 at the time of reporting.
In related news, spot Ethereum ETFs experienced net outflows of $675.45K on September 26, ending a two-day streak of inflows. This decline was driven by a $36 million outflow from Grayscale’s ETHE. However, BlackRock’s ETHA and Fidelity’s FETH partially offset these outflows with inflows of $15.3 million and $15.9 million, respectively. Other Ethereum ETFs, including QETH, ETHW, ETHV, and CETH, reported smaller inflows.
The trading volume for Ethereum ETFs rose to $257.4 million on September 26, up from $124 million the day before. Total net outflows for spot Ether ETFs stand at $581.61 million. At the time of publication, Ethereum was trading at $2,652.
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