U.S. spot Bitcoin ETFs witnessed daily total net inflows worth $494.27 million on September 27th. The inflows marked a six-day positive streak that started on September 19th. None of the approved ETFs registered outflows, and only four registered zero flows.
U.S. spot Bitcoin exchange-traded funds (ETFs) are again in the spotlight for recording daily total net inflows worth $494.27 million on 27th September. The inflows registered on Friday mark a six-day streak of positive flows that commenced on September 19th.Â
Ark & 21Shares leads the pack with $203 million in Bitcoin ETF inflows
Source: Sosovalue
According to data from Sosovalue, Ark & 21Shares, ARKB outperformed other ETFs by recording the largest inflow. The ETF saw inflows worth $203.07 million, bringing its cumulative net inflow to $2.72 billion. ARKBâs inflows mark a significant increase from $113.8 million recorded on September 26th.Â
Fidelityâs FBTC came in second with inflows worth $123.61 million. FBTC also saw a significant increase in net inflows from $74 million recorded on 26th September. BlackRockâs iShares Bitcoin Trust (IBIT) Exchange Traded Fund registered inflows worth $110.82 million, marking a five-day streak of positive flows. The fund also registered an increase from $93.4 million recorded on 26th September. IBIT now has a cumulative net inflow of $21.42 billion cementing its reign as the largest spot Bitcoin ETF.
Grayscaleâs GBTC came in fourth with net inflows worth $26.15 million. On September 26th, GBTC recorded outflows worth $7.7 million. Bitwiseâs fund BITB trailed GBTC with net inflows worth $12.91 million, bringing its cumulative net inflow to $2.15 billion. BITB registered a significant decline in inflows from $50.4 million recorded on September 26th.
VanEckâs HODL witnessed $11.17 million in inflows, bringing its cumulative net inflows to $650.13 million. Invescoâs BTCO came in next with inflows totaling $3.28 million, and Valkyrieâs BRRR recorded the least inflows worth $3.26 million.Â
Both BTCO and BRRR inflows declined from $6.5 million and $4.6 million worth of inflows registered on 26th September. Grayscaleâs BTC, Franklinâs EZBC, Wisdom Treeâs BTCW, and Hashdexâs DEFI did not register any flows, and none of the ETFs recorded any outflows.
Bitcoin ETFs have achieved a cumulative total net inflow of $18.69 billion, an increase from $18.31 billion recorded on September 26th. The total net assets held by all Bitcoin spot ETFs sit at $61.21 billion, which is 4.71% of Bitcoinâs market cap.
ETH ETFs record inflows worth $58.65 million
Ethereum ETFs also recorded positive daily total net inflows worth $58.65 million. Fidelityâs fund FETH registered the most inflows, worth $42.54 million, followed by BlackRockâs ETHA with $11.46 million. Bitwiseâs ETHW came in third with inflows worth $5.43 million, and Invescoâs QETH trailed ETHW with inflows totaling $4.32 million.Â
Grayscaleâs ETH and VanEckâs ETHV followed with $2.29 million and $1.98 million, respectively. Franklinâs EZET registered zero inflows, while Grayscaleâs ETHE was the only ETF that witnessed outflows worth $10.72 million. The total net assets held by all Ethereum spot ETFs sit at $7.44 billion, 2.3% of Ethereumâs market cap.