‼️Bitcoin, Ethereum Spot ETFs See Strong Inflows, No Outflows on September 20‼️

🔘 Spot On Chain noted in its recent X posts that the inclusion of $99 million in Bitcoin ETFs indicated significant inflows. In this regard, seven out of 11 Bitcoin ETFs added inflows. However, the rest of the four ETFs had no inflows at all. In terms of individual inflows, Fidelity ($FBTC) led the way with the inclusion of $26.1 million.

However, ARK 21Shares ($ARKB) added as much as $22 million. Additionally, Bitwise’s ($BITB) inflows reached $15.1 million. Grayscale Mini ($BTC) included $13.4 million inflows. Moreover, VanEck ($HODL) recorded inflows worth $7.1 million. Valkyrie ($BRRR) touched $5.2 million in net inflows. Invesco ($BTCO) saw the least inflows, adding just $3.1 million. With $92 million, Bitcoin ETFs saw a staggering $397 million in weekly inflows. This represents four out of five trading days for the week.

🔘 On the other hand, Ethereum ETFs stood relatively lower when it came to inflows. Cumulative inflows for Ethereum ETFs were just $2.9 million on September 21. In this regard, only one out of the nine Ethereum ETFs saw inflows. Grayscale Mini ($ETH) added $2.9 million, but none of the other ETFs saw any inflows.

On a slightly broader scale, Ethereum ETFs had a tight week. Cumulatively, $26.2 million left Ethereum ETFs in weekly outflows. Over the seven days, only two out of five trading days witnessed inflows, indicating cautious investor behavior.

Overall, large inflows into Bitcoin ETFs indicate resilient investor interest in the major crypto asset. However, despite Ethereum’s resilient presence and growing adoption in the DeFi sector, recent outflows could be a result of market competition and increased regulatory scrutiny.