Bitcoin ETFs Surge in U.S.
On September 24, spot Bitcoin exchange-traded funds in the U.S. saw a significant increase in net inflows, with 12 BTC ETFs recording $135.95 million inflows. BlackRock’s IBIT led the way with $98.9 million in positive inflows, followed by Bitwise’s BITB and Fidelity’s FBTC. Total trading volume for these BTC ETFs rose to $1.11 billion on that day, with a cumulative total net inflow of $17.83 billion since launch.
Ethereum ETFs Experience Positive Flows
Contrary to the previous day, U.S.-based Spot Ethereum ETFs logged net inflows of $62.5 million on September 24. BlackRock’s ETHA saw the majority of the inflows at $59.3 million, with VanEck’s ETHV and Invesco’s QETH also attracting modest inflows. The trading volume for spot Ether ETFs increased to $180.42 million on that day, with a cumulative total net outflow of $624.17 million.
