Bitcoin spot ETF ends eight consecutive days of outflows, with a net inflow of 28 million magnesium
Bitcoin spot ETF fund outflow temporarily suspended
The US Bitcoin spot ETF ended eight consecutive days of capital outflows on Monday, with a report showing a net inflow of $28.72 million.
According to SoSoValue data, Fidelity's FBTC ranked first with a net inflow of $28.6 million yesterday, followed by Bitwise's BITB with an inflow of $21.99 million. Ark Invest and 21Shares' ARKB recorded smaller inflows of $6.81 million, while Invesco's BTCO inflow was $3.14 million.
However, some of these inflows were offset by Grayscale's GBTC and BlackRock's IBIT, with net outflows of $22.76 million and $9.06 million respectively for these two ETFs. Since August 26th, IBIT has been in a state of capital outflow or zero inflow.
Ethereum ETF continues to experience capital outflows
Compared to Bitcoin ETFs, Ethereum ETFs continue to maintain capital outflows. Yesterday, the US Ethereum spot ETF recorded a net outflow of $5.2 million again, marking the fifth consecutive day.
According to SoSoValue's data, Grayscale's ETHE reported a net outflow of $22.64 million, making it the only Ethereum spot ETF to record outflows yesterday.
The total daily trading volume of nine Ethereum ETFs fell to $124.51 million on Monday, lower than last Friday's $210.43 million. The cumulative net flow of these ETFs since their listing remains negative, with a cumulative net outflow of $573.49 million.
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