- Spot Bitcoin exchange-traded funds (ETFs) saw their eighth straight day of inflows on Sept. 30, totaling $61.3 million.
- BlackRock’s IBIT led the inflows with $7.215 million, while Fidelity’s FBTC drew in $8.32 million.
- Spot Ether ETFs experienced modest outflows of $822,290 on Sept. 30, with Grayscale’s ETHE losing $1.181 million, offset by BlackRock’s ETHA inflows of $1.099 million.
Bitcoin exchange-traded funds (ETFs) saw their eighth consecutive day of inflows on September 30th. Meanwhile, Ether ETFs experienced outflows after a positive day.
Bitcoin ETFs Take in $61.3 Million
The 12 spot Bitcoin ETFs recorded $61.3 million in net inflows, extending their positive flow streak to 8 days in a row. This has brought around $142 billion into the funds total.
BlackRock’s IBIT led with inflows of $72.15 million, continuing its streak for the 6th day. The ETF has seen over $24.14 billion in total net inflows since launch. Fidelity’s FBTC drew in $83.2 million.
ARK and 21Shares‘ ARKB saw outflows of $9.5 million following a positive day that brought in $20.307 million. Bitwise’s BITB saw $9.67 million exit its fund.
Grayscale’s GBTC registered no inflows following the $26.15 million seen the previous day. The other 7 Bitcoin ETFs also reported zero flows.
Total trading volume decreased notably to $137 billion from the prior day’s levels. Since launch, these funds have recorded $188.6 billion in cumulative net inflows.
Ether ETFs See Minor Outflows
The 7 spot Ethereum ETFs recorded $822,290 in net outflows on September 30th after inflows of $5.865 million the previous day.
Grayscale’s ETHE continued to see outflows, losing $11.81 million. However, BlackRock’s ETHA offset a portion by attracting $10.99 million in inflows, its 5th consecutive day.
The other 7 Ether ETFs remained neutral.
Trading volume dropped to $14.914 million from $24.9 million the previous day. Since launch, the Ether ETFs have seen $52.379 million in total net outflows.
Conclusion
Bitcoin and Ethereum saw minor price drops over the past day amidst the mixed ETF flow situation. Bitcoin traded around $63,899, down 1.1%, while Ethereum hovered at $2,644, down 2.2%.
