Bitcoin ETFs Soar with $4.94 Billion Inflows, Dominating Crypto Market Growth
According to data from sosovalue.xyz, 12 US spot Bitcoin ETFs attracted a total of $494.27 million in capital. Among them, ARKB led with $203.07 million in net inflows. It was followed by FBTC with $123.61 million and IBIT with $110.82 million. Additionally, GBTC recorded inflows of $261.50 million, BITB with $129.10 million and HODL with $111.70 million. BTCO saw a modest increase of $32,800, while BRRR brought in $32,600. The remaining funds saw no gains or losses.
Ethereum-based ETFs also had a productive day last Friday, raising a total of $586.50 million in capital. Fidelityâs FETH led the way with $425.40 million in withdrawals, while ETHA raised $114.60 million. ETHW added $5.43 million, QETH $4.32 million, Grayscaleâs ETH Mini Trust $2.29 million, ETHV $1.98 million, and CETH closed the day with a $1.35 million increase.
Since January 11, these 12 Bitcoin ETFs have seen a total net inflow of $18.80 billion. Currently, these funds hold $61.21 billion worth of Bitcoin, equivalent to 4.71% of the total supply. In contrast, while there was positive movement for Ethereum ETFs on Friday, the overall picture shows that these nine funds have suffered a net loss of $522.97 million since July 23. Despite this, the total trading volume of Ethereum funds reached $249.09 million last Friday, and together they hold $7.44 billion worth of Ethereum, equivalent to 2.3% of the cryptocurrencyâs $319 billion market cap.
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