Spot Bitcoin ETFs record four-fold inflow spike, Ether ETFs recover from outflows
Spot Bitcoin exchange-traded funds in the U.S. saw a significant jump in net positive flows while spot Ether ETFs also logged net inflows ending their five-day outflow streak.
According to data from SoSoValue, the 12 spot Bitcoin ETFs logged inflows of $116.96 million on Sep. 10, a surge of over four times compared to the $37.29 million inflows recorded the previous day.
The positive inflows into these ETFs on these two days follow eight consecutive days of outflows, which reduced their total assets under management by more than $1.18 billion.
Fideliyâs FBTC led the lot for the second consecutive day with the fund witnessing inflows of $63.2 million on Sep. 10. Grayscale Bitcoin Mini Trust and ARK 21Sharesâs ARKB followed with reported inflows of $41.1 million and $12.7 million respectively. The remaining nine Bitcoin ETFs remained neutral.
