Fidelity’s FBTC led inflows among spot Bitcoin ETFs on Monday, The Block reported.

The spot Ethereum ETF continued to see negative outflows, recording net outflows for the fifth consecutive day.

The U.S.-based spot bitcoin exchange-traded fund (ETF) snapped an eight-day streak of negative outflows on Monday, reporting net inflows of $28.72 million.

According to data from SoSoValue, Fidelity’s FBTC led inflows yesterday with $28.6 million, followed by Bitwise’s BITB with $21.99 million.

Ark Invest and 21Shares’ ARKB recorded smaller inflows of $6.81 million, while Invesco’s BTCO saw $3.14 million.

Monday’s inflows were offset by Grayscale’s GBTC outflow of $22.76 million. Blackrock’s IBIT, the largest spot Bitcoin ETF, recorded a net outflow of $9.06 million. IBIT has been seeing outflows or zero flows since August 26.

The 12 bitcoin ETFs had a combined daily volume of $1.61 billion on Monday, down from $2.39 billion on Friday. They have seen a cumulative net inflow of $16.92 billion since their launch in January.

While spot Bitcoin ETFs saw higher volumes and larger inflows during the March peak, Bitwise’s chief investment officer Matt Hougan recently stated that “investment advisors are adopting Bitcoin ETFs faster than any new ETF in history.” Hougan cited data showing that Blackstone’s spot Bitcoin fund has received $1.5 billion in investments from investment advisors.

Ethereum ETFs Continue to See Outflows U.S.-based spot Ethereum ETFs once again saw net outflows totaling $5.2 million, with Monday marking the fifth consecutive day of negative outflows.

Grayscale’s ETHE reported $22.64 million in net outflows, making it the only spot Ethereum ETF to report outflows on Monday, according to SoSoValue. In contrast, the Grayscale Ethereum Mini Trust (ETH) recorded $7.97 million in inflows.

Fidelity’s FETH saw inflows of $7.62 million, and Bitwise’s ETHW recorded a net inflow of $1.85 million.

Total daily volume for the nine ETFs fell to $124.51 million on Monday, compared with $210.43 million on Friday. Their cumulative net flows remained negative, with net outflows of $573.49 million.

The market is now focusing on the first U.S. presidential election debate between Donald Trump and Kamala Harris, scheduled for Tuesday, as cryptocurrency has become one of the major election topics.