Bitcoin spot ETF outflows suspended
U.S. Bitcoin spot ETFs ended an eight-day streak of outflows on Monday, reporting net inflows of $28.72 million.
According to data from SoSoValue, Fidelity’s FBTC ranked first in net inflows yesterday with $28.6 million, followed by Bitwise’s BITB with $21.99 million. Ark Invest and 21Share’s ARKB recorded smaller inflows at $6.81 million, while Invesco’s BTCO saw inflows of $3.14 million.
However, some of these inflows were offset by Grayscale's GBTC and BlackRock's IBIT, which recorded net outflows of $22.76 million and $9.06 million respectively. IBIT has been experiencing outflows or zero inflows since August 26.
Ethereum ETF continues outflows
Compared with Bitcoin ETFs, Ethereum ETFs continue to maintain capital outflows. Yesterday, the U.S. Ethereum spot ETF once again recorded a net outflow of US$5.2 million, reaching the fifth consecutive day.
Grayscale’s ETHE reported net outflows of $22.64 million, the only ether spot ETF to record outflows yesterday, according to data from SoSoValue.
Total daily trading volume across the nine Ethereum ETFs fell to $124.51 million on Monday, down from $210.43 million on Friday. Cumulative net flows for these ETFs since listing remain negative, with cumulative net outflows reaching $573.49 million.
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