Spot Bitcoin Exchange-Traded Funds (ETFs) saw their eighth straight day of inflows on Sept. 30, while spot Ether ETFs experienced outflows following a day of positive flows.
Bitcoin ETFs Continue Positive Streak
According to recent data, the 12-spot Bitcoin ETFs recorded $61.3 million in net inflows, extending their positive flow streak for the eighth consecutive day and drawing around $1.42 billion into the funds.
Leading the pack, BlackRock’s IBIT saw inflows of $72.15 million, continuing its inflow streak for the sixth consecutive day. This ETF has accumulated over $24.14 billion in total net inflows since its launch. Fidelityβs FBTC also drew in $8.32 million.
On the other hand, ARK and 21Sharesβ ARKB experienced outflows of $9.5 million on Monday, despite a previous positive trading day that brought $203.07 million into its fund. Bitwiseβs BITB also saw a notable outflow of $9.67 million.
Grayscaleβs GBTC registered no inflows on Monday following the $26.15 million seen the previous trading day. The remaining seven spot Bitcoin ETFs similarly reported zero flows.
Total trading volume across the 12 BTC ETFs saw a decrease on Sept. 30, dropping to $1.37 billion from the prior dayβs levels. Since their inception, these funds have recorded a cumulative total net inflow of $18.86 billion. As of the latest update, Bitcoin is down 1.1%, trading at $63,899.
Ether ETFs Register Minor Outflows
Meanwhile, the seven spot Ethereum ETFs in the U.S. recorded $822,290 in net outflows on Sept. 30, following inflows of $58.65 million the previous trading day.
Grayscaleβs ETHE continued to experience outflows, losing $11.81 million. However, BlackRockβs ETHA offset a significant portion of these losses by attracting $10.99 million in net inflows, marking its fifth consecutive day of inflows.
The remaining seven spot ETH ETFs remained neutral for the day.
The trading volume for these Ether investment vehicles also saw a decline, dropping to $149.14 million on Sept. 30 from $249 million the previous day. Since their launch, the spot Ether ETFs have experienced total net outflows of $523.79 million. At the time of publication, Ethereum was trading at $2,644.
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