The post US Spot Bitcoin Exchange Traded Funds (ETFs) Experience Highest Positive Inflow Since June! Here Are the Details appeared on BitcoinEthereumNews.com.

Spot Bitcoin exchange-traded funds (ETFs) in the US witnessed a significant inflow of $555.8 million on Monday, marking the largest daily inflow since June 4. US Spot Bitcoin ETFs See $555 Million Net Inflows, Biggest Increase Since June According to SoSoValue data, ten out of twelve spot Bitcoin ETFs reported net inflows and no outflows. Fidelity and Bitwise Lead Entry Fidelity’s FBTC topped the list, attracting $239.25 million, followed by Bitwise’s BITB with $100 million. BlackRock’s IBIT, the largest bitcoin ETF by net assets, saw inflows of $79.5 million. Ark Invest and 21Shares’ ARKB added $70 million. Grayscale’s GBTC recorded net inflows of more than $37 million. Other funds including VanEck, Valkyrie, Invesco, Franklin Templeton and Grayscale’s mini-trust also saw positive inflows, while WisdomTree and Hashdex ETFs had zero flows on the day. The surge in inflows contributed to an active trading day with $2.61 billion in total transactions, the most since Aug. 23. BlackRock’s IBIT accounted for a staggering $1.67 billion of Monday’s volume. Total net inflows into US spot Bitcoin ETFs since their launch in January have been $19.36 billion. Spot Ethereum ETFs reported net inflows of $17.07 million, their biggest daily gain this month. BlackRock’s IBIT led the Ethereum inflows with $14.31 million, followed by Fidelity’s FETH with $1.31 million. Invesco’s QETH and 21Shares’ CETH also saw positive inflows. Total trading volume of U.S. spot Ethereum ETFs reached $210.40 million on Monday, but the sector still experienced cumulative net outflows of $541.82 million since launch. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/us-spot-bitcoin-exchange-traded-funds-etfs-experience-highest-positive-inflow-since-june-here-are-the-details/

---

Filed under: News - @ October 15, 2024 11:20 am