Crypto:
32355
Bitcoin:
$98.028
% 3.82
BTC Dominance:
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Market Cap:
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% 4.66
Fear & Greed:
82 / 100
Bitcoin:
$ 98.028
BTC Dominance:
% 59.8
Market Cap:
$3.25 T

Bitcoin ETFs See $64.91M in Net Inflows on Thursday

Bitcoin Etfs

On Thursday, U.S. spot Bitcoin exchange-traded funds saw $64.91 million in net inflows, therefore extending their six-day positive flow pattern.

Based on statistics from SoSoValue, BlackRock’s IBIT, the biggest Bitcoin ETF by net assets, noted the most inflows among the products on Thursday—$75.49 million in net inflows.

While Ark and 21 Shares saw $7.83 million come into the fund, Fidelity’s FacebookTC had inflows of $9.23 million. WisdomTree’s BTCW followed with $4.8 million, Grayscale’s with $4 million, and VanEck’s HODL with $3.41 million in net inflows.

The second-largest spot Bitcoin ETF, Grayscale’s GBTC, saw $28.36 million leave the fund; Bitwise’s BITB noted $11.5 million in net outflows.

On Thursday, the 12-spot Bitcoin ETFs traded overall for $889.67 million, far less than the $1.42 billion noted on Wednesday.

Comparatively to outflows of $17.97 million the day before, the nine-spot Ethereum ETFs in the U.S. recorded $874,610 on Thursday.

With $19.84 million in net outflows, the Grayscale Ethereum Trust (ETHE) carried on its negative flow pattern. On the day, it was the only place Ether ETF reported outflows from.

With $14.33 million, Fidelity’s FESH tracked the most notable stream of inflows. VanEck’s ETHV saw $954,101 in inflows, while the Grayscale Ethereum Mini Trust (ETH) had $3.68 million in inflows. There were no flows to the five other spot Ether ETFs.

From $201 million on Wednesday, the total daily trading volume of these spot Ether ETFs dropped to $93.87 million on Thursday.

 

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