📢 Crypto News Flash! 🚀
Spot Bitcoin ETFs in the U.S. saw net outflows of $52.83M on Sept. 18, ending a 4-day inflow streak of over $500M. ARK 21Shares’s ARKB led with $43.4M out, followed by Grayscale’s GBTC ($8.1M) and Bitwise’s BITB ($3.9M). Grayscale Bitcoin Mini Trust was the only fund with inflows, bringing in $2.7M. Total trading volume dropped 28% to $1.63B.
Bitcoin (BTC) rose 3% to $62,109, driven by the FOMC's 50bp rate cut.
Meanwhile, spot Ethereum ETFs saw $9.74M in net outflows, with Grayscale’s ETHE losing $14.7M. BlackRock’s ETHA gained $4.9M. ETH trading volume increased to $221.88M, with ETH up 4.8% to $2,438.
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