Bitcoin sees $117 million inflow into ETFs, Ethereum ETFs continue minor inflows

Share This Post

On Sept. 10, data indicated mixed Bitcoin ETF activity across several major issuers. Fidelity’s FBTC ETF saw the most significant inflow, recording $63.2 million. Ark’s ARKB ETF followed with $12.7 million. Grayscale’s mini Bitcoin ETF BTC saw $41.1 million in inflows.

Other major players, including Grayscale’s GBTC, BlackRock’s IBIT, Bitwise’s BITB, Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, VanEck’s HODL, and WisdomTree’s BTCW, showed no activity, with reported flows at zero.

Overall, total flows for the day reached $117 million, primarily driven by Fidelity and Ark. Grayscale’s holdings, while unchanged, continued to represent a significant portion of the market’s total ETF-backed Bitcoin. These flows indicate a selective but steady movement of institutional interest, with certain ETFs attracting more inflows than others as market participants adjust their exposure to Bitcoin.

Ethereum ETFs

Ethereum ETF flows were relatively subdued, with only two major funds reporting inflows. Fidelity’s FETH ETF led the market, recording $7.1 million in inflows. BlackRock’s ETHA ETF followed with a smaller but notable inflow of $4.3 million.

Other ETFs, including Bitwise’s ETHW, 21Shares’ CETH, VanEck’s ETHV, Invesco’s QETH, Franklin’s EZET, and Grayscale’s ETHE and ETH funds, showed no activity, with flows recorded at zero.

In total, Ethereum ETF flows amounted to $11.4 million for the day. This limited movement suggests a cautious approach from institutional investors, with only a few funds seeing new inflows while others remained static.

The post Bitcoin sees $117 million inflow into ETFs, Ethereum ETFs continue minor inflows appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000

Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through Bitcoin Has Recovered Back Above The $63,000

Boerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks

Boerse Stuttgart Digital is collaborating with DZ Bank to bring secure cryptocurrency trading and storage to over 700 cooperative banks across Germany The move marks a significant step toward

Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?

As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish

German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities These platforms bypassed anti-money laundering protocols,

SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians

The US Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs) The plan aims to

Terraform Labs secures court approval to wind-down operations after settling with SEC

Terraform Labs received court approval to wind down its operations in bankruptcy after settling a US Securities and Exchange Commission (SEC) lawsuit, Reuters reported Sept 19 US Bankruptcy Judge