📢 Crypto News:

🔹 In the U.S., Bitcoin spot ETFs saw a significant increase in net positive flows, while outflows from Ethereum spot ETFs slowed.

🔹 According to SoSoValue, 12 Bitcoin spot ETFs recorded outflows of $211.15 million on September 5, more than six times the previous day’s outflows ($37.29 million).

🔹 Fidelity’s ETF (FBTC) led the list with outflows of $149.5 million. Biwise’s BITB, Grayscale’s GBTC, and Grayscale Bitcoin Mini Trust followed with outflows of $30 million, $23.2 million, and $8.4 million, respectively.

🔹 BlackRock’s IBIT, the largest spot BTC fund with total inflows of over $20.91 billion, remained neutral on the day, as did eight other BTC ETFs.

🔹 Total daily trading volume for 12 spot Bitcoin ETFs fell to $1.35 billion on September 5, down from $1.41 billion the previous day. At the time of writing, Bitcoin (BTC) is down 0.9%, trading at $56,327.

🔹 Meanwhile, nine spot Ether ETFs showed bearish trends, but with significantly smaller net outflows of $152.72K on September 5. Grayscale’s ETHE saw outflows of $7.4 million, while Grayscale Ethereum Mini Trust almost made up for it with inflows of $7.2 million.

🔹 Total trading volume for the nine Ether spot ETFs fell to $108.59 million on September 5 from $145.86 million on September 4. At the time of publication, the price of ether (ETH) has decreased by 0.9%, trading at $2,378.

💬 Share your opinion in the comments! What do you think awaits the market next?