Among the notable ETFs, Fidelity’s Wise Origin Bitcoin Fund (FBTC) led with the largest inflow of $28.6 million. Other ETFs also saw positive movement, including Bitwise Bitcoin ETF (BITB) with $22 million and ARK 21Shares Bitcoin ETF (ARKB) with $6.8 million in inflows. However, BlackRock’s iShares Bitcoin Trust (IBIT), which has been a market leader, recorded a rare outflow of $9.1 million — its smallest on record compared to earlier larger outflows.

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The recent rally in Bitcoin, which saw a 5.35% increase to a high of $57,635 on September 9 before cooling to $56,682, may have contributed to renewed interest in these funds.

Despite the inflows, Ethereum ETFs continue to struggle, seeing $5.2 million in outflows on the same day. This marks their seventh straight day of net outflows, indicating ongoing challenges in the market for Ethereum-based products.

BlackRock remains the dominant issuer of spot Bitcoin ETFs, with $20.9 billion in total net inflows, followed by Fidelity and ARK 21Shares at $9.45 billion and $2.28 billion, respectively. However, total net inflows across all spot Bitcoin ETFs currently sit at $16.93 billion, including significant outflows from the Grayscale Bitcoin Trust (GBTC).

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The post Bitcoin ETFs Received an Entry on September 9 After an 8-Day Exit appeared first on Coin Engineer.