Bitcoin ETF Inflows Slow as Trading Volume Declines Across the Board
The current trend of positive flows for U.S. spot Bitcoin ETFs has now reached eight days, with net inflows of $61.3 million recorded on Monday. As to SosoValue statistics, $72.15 million was invested in BlackRock’s IBIT, which is the largest spot bitcoin ETF by net assets. 8.32 million in net inflows were reported for Fidelity’s FBTC.
Net outflows of $9.5 million were recorded on Monday for Ark and 21Shares’ ARKB, following substantial inflows of $203.07 million the previous Friday. $9.67 million in net outflows occurred every day from Bitwise’s BITB. The exceptional daily inflows of $26.15 million were recorded by Grayscale’s GBTC on Friday, but there were zero flows on Monday. None at all was recorded by seven other spot bitcoin ETFs. From $1.87 billion on Friday to $1.37 billion on Monday, these 12 ETFs’ combined trading volume decreased.
Spot Ethereum ETFs See Net Outflows After Friday’s $58M Inflows
However, after receiving inflows of $58.65 million on Friday, the spot Ethereum ETFs in the United States saw net withdrawals of $822,290 on Monday. $11.81 million left the Grayscale Ethereum Trust (ETHE) on Monday, continuing the fund’s losses. $10.99 million in net inflows were reported for BlackRock’s ETHA, the fund’s fifth day of inflows. Nothing happened to any of the other seven spot Ether ETFs. Monday’s total trading volume for the nine spot ether ETFs was $149.14 million, down from Friday’s $249.09 million.
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