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    Home » Blackrocks Bitcoin and Ether ETFs Attract Significant Inflows During a Successful Trading Day
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    Blackrocks Bitcoin and Ether ETFs Attract Significant Inflows During a Successful Trading Day

    By adminSep. 25, 2024No Comments2 Mins Read
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    Blackrocks Bitcoin and Ether ETFs Attract Significant Inflows During a Successful Trading Day
    Blackrocks Bitcoin and Ether ETFs Attract Significant Inflows During a Successful Trading Day
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    According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital.
    U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M
    It was a solid day for U.S. spot bitcoin and ether ETFs, both showing healthy inflows.
    Blackrock
    ‘s IBIT led the bitcoin ETFs, pulling in $98.89 million. Bitwise’s BITB followed, adding $17.41 million, while Fidelity’s FBTC secured $16.8 million.
    Grayscale
    ’s Mini Bitcoin Trust brought up the rear with $2.85 million.
    The rest of the funds remained unchanged for the day, with no movement in either direction. The nearly $136 million of inflows raised the funds’ cumulative net inflows since Jan. 11 to $17.83 billion. According to
    sosovalue.xyz
    , around $1.11 billion was traded. Collectively, these 12 funds now hold $58.67 billion in
    BTC
    , accounting for 4.62% of bitcoin’s total market cap. Ether ETFs also performed well, pulling in
    $62.51 million
    .
    Across the nine ether ETFs, a total of $180.42 million was traded. Blackrock’s ETHA once again dominated, gathering $59.25 million, while Vaneck’s ETHV collected $1.94 million, and Invesco’s QETH captured $1.32 million. These inflows help reduce the cumulative net outflows since July 23, now standing at $624.17 million. Currently, the nine funds control $7.2 billion in
    ETH
    , which represents 2.26% of ether’s market cap.
    What do you think about the latest spot bitcoin and spot ether ETF action? Share your thoughts and opinions about this subject in the comments section below.

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