📢 Cryptocurrency and Blockchain News!
🔹 In the US market, Bitcoin spot ETFs slowed their inflows on September 16, while Ethereum spot ETFs showed outflows again.
🔹 According to SoSoValue, 12 Bitcoin spot ETFs attracted $12.9 million, down 95% from $263 million the day before. BlackRock’s IBIT led the way with $15.8 million.
🔹 Fidelity’s FBTC attracted $5.1 million, showing inflows for the sixth day in a row. Franklin Templeton’s EZBC added $5 million.
🔹 Grayscale’s GBTC was the only ETF with outflows at $20.8 million, while the other six ETFs showed no activity.
🔹 Trading volume across 12 Bitcoin ETFs fell to $1.1 billion from $1.82 billion the day before. Since launch, these funds have attracted $17.31 billion.
🔹 US spot Ethereum ETFs again saw outflows of $9.51 million, led by Grayscale’s ETHE with $13.8 million. BlackRock’s ETHA and Grayscale Ethereum Mini Trust saw inflows of $4.2 million and $2.3 million, respectively.
🔹 Trading volume across these funds also fell to $128.02 million from $147.64 million the day before. Since launch, spot Ethereum ETFs have seen outflows of $590.73 million.
💬 Share your thoughts in the comments! What do you think is next for the market?