Spot Bitcoin ETFs record best day since July with $365 million inflow

Share This Post

On Sept. 26, Bitcoin ETFs recorded substantial inflows totaling $365.7 million, marking the highest single-day inflow since July 22, when $530 million entered the market.

Bitcoin ETF flows (CoinGlass)
Bitcoin ETF flows (CoinGlass)

According to Farside data, Ark’s ARKB ETF led with $113.8 million, marking a significant shift after recent outflows seen earlier this month. BlackRock’s IBIT ETF added $93.4 million, while Fidelity’s FBTC ETF reported inflows of $74 million. Bitwise’s BITB ETF also saw strong participation with $50.4 million, and VanEck’s HODL ETF contributed $22.1 million. Invesco’s BTCO and Franklin’s EZBC reported smaller additions of $6.5 million and $5.7 million, respectively. Grayscale’s GBTC continued its trend of outflows, losing $7.7 million, while its smaller BTC ETF gained $2.9 million.

Ethereum ETFs experienced net outflows of $0.1 million, continuing the recent trend of mixed investor sentiment in the Ethereum space. Grayscale’s ETHE fund saw the most significant movement with outflows of $36 million, contrasting with BlackRock’s ETHA and Fidelity’s FETH, which brought in $15.3 million and $15.9 million, respectively. Inflows were also recorded for Bitwise’s ETHW, Invesco’s QETH, and 21Shares’ CETH, albeit in smaller amounts. Other funds, including those from VanEck and Franklin, remained relatively flat.

The contrasting flows highlight evolving trends. Bitcoin ETFs attract substantial inflows across major funds, mainly driven by Ark and BlackRock, while Ethereum ETFs face continued outflows, primarily from Grayscale. The flows coincided with Bitcoin also breaking $65k for the first time since August.

The post Spot Bitcoin ETFs record best day since July with $365 million inflow appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Shiba Inu Price Rockets 20%, Brett and Pepe Also Pumping – Time to Buy Meme Coins?

The meme coin market is heating up again, with Shiba Inu (SHIB) seeing a 20% price jump since yesterday Not to be outdone, the Boy’s Club-inspired duo, Brett (BRETT) and Pepe (PEPE), aren’t far

WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars

It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug 9, 2024 Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak

Stand with Crypto PAC endorses Warren rival John Deaton amid bipartisan support

John Deaton has received an official endorsement from the Stand with Crypto PAC in his bid to challenge Senator Elizabeth Warren for her US Senate seat, amid a wave of broader endorsements In total,

CryptoQuant CEO Senses ‘Bullish Vibes’ as CZ’s Early Release Raises Market Hopes

The anticipation surrounding the potential release of Binance founder Changpeng Zhao (CZ) from prison later today has been stirring conversations in the crypto space So far, CZ has been serving a

Polkadot (DOT) Poised For A Move Past $12—Is Now The Time To Buy?

Following a long six-month corrective phase, Polkadot (DOT) is attracting interest once more; some analysts think the token might be about to undergo a major bullish reversal Among these, a market

Why Did Dogecoin Rise 10% And The Shiba Inu Price Jumped 22%?

Dogecoin (DOGE) and Shiba Inu (SHIB) prices have surged by 10% and 22% in the last 24 hours, respectively These price surges are thanks to developments on the macro side and these meme coins’