Spot Bitcoin exchange-traded funds (ETFs) in the U.S. experienced inflows on Sept. 12, reversing the trend from the previous day, while Ether ETFs saw their second consecutive day of outflows.
According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net inflows of $39.02 million, a shift from the $43.97 million in outflows recorded the previous day. ARK 21Sharesβ ARKB led with reported inflows of $18.3 million, following a $54 million outflow the day before.
Fidelityβs FBTC followed with $11.5 million flowing into its fund. Notably, the ETF was the only one to record net inflows for four straight days, accumulating $115.9 million. Grayscaleβs Bitcoin Mini Trust drew in $5.18 million.
VanEckβs HODL, Franklin Templetonβs EZBC, and Bitwiseβs BITB also saw net positive flows of $4.9 million, $3.4 million, and $2.2 million respectively on the day.
Grayscaleβs GBTC was the sole spot Bitcoin ETF to report outflows, with $6.5 million leaving the fund, culminating in total outflows of $20.04 billion since its launch.
Meanwhile, the other seven BTC ETFs, including BlackRockβs IBIT, witnessed no trading activity on the day. Notably, IBIT, the largest spot BTC ETF by net assets, has not experienced any net inflows since Aug. 27.
Total trading volume for the 12 BTC ETFs dropped to $896 million on Sept. 12, significantly lower than the $1.27 billion seen the previous day. These funds have recorded a cumulative total net inflow of $17.03 billion since inception. At the time of writing, Bitcoin was trading at $57,874.
Meanwhile, the nine U.S.-based Spot Ethereum ETFs experienced net outflows totaling $20.14 million, marking their second successive day of net outflows. All of the daily net outflows originated from Grayscaleβs ETHE, with the remaining eight Ether funds recording no flows on Sept. 12.
The trading volume for these investment vehicles also decreased, dropping to $106.14 million from $126.22 million the previous day. The spot Ether ETFs have experienced a cumulative net outflow of $582.74 million to date. At the time of publication, Ethereum was exchanging hands at $2,346.
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