Spot Bitcoin ETFs traded in the U.S. continued their positive capital inflow for the sixth consecutive trading day, recording net inflows of approximately $190.7 million on September 24. Acco
Spot Bitcoin ETFs traded in the U.S. continued their positive capital inflow for the sixth consecutive trading day, recording net inflows of approximately $190.7 million on September 24. According to SoSoValue data, BlackRock’s IBIT fund led the way in inflows into Bitcoin investment products.
The highest net inflow of the day was in BlackRock IBIT, with $162.6 million. Other net inflows included $12.9 million into Fidelity’s FBTC fund, $10.2 million into Morgan Stanley’s MSBT fund, $4.9 million into Franklin Templeton’s EZBC fund, and $4.1 million into Bitwise’s BITB fund.
In contrast, WisdomTree’s BTCW fund recorded a net outflow of $4 million. Despite the differing capital movements among the funds, the overall net flow of US spot Bitcoin ETFs remained in positive territory.
The inflow into Bitcoin ETFs was among the data showing continued investor demand for spot Bitcoin investment products. With net inflows of approximately $190.7 million on September 24, the positive flow streak reached six trading days.
A similar trend was observed in US spot Ether ETFs. According to SoSoValue data, spot Ether ETFs recorded net inflows of approximately $66.1 million on September 24th. This marked the fifth consecutive day of net inflows into Ether ETFs.
Among Ether ETFs, BlackRock’s ETHA fund stood out with a net inflow of $26.8 million. Fidelity’s FETH fund saw a net inflow of $21.5 million, while Grayscale’s Mini ETHE fund experienced a net inflow of $17.8 million.
The data revealed that both Bitcoin and Ether-focused spot ETFs continued to experience positive capital inflows in recent trading days.
*This is not investment advice.
Continue Reading: Positive Trend Continues in Spot Bitcoin and Ethereum ETFs Traded in the US! Here’s the Latest Data
