Yahya 
On Thursday, spot bitcoin exchange-traded funds (ETFs) in the U.S. posted notable net inflows of $365.57 million, the highest daily influx since late July. Based on SoSoValue data, this prolongs the bullish run to six straight days.
Leading the inflows were ARKB of Ark Invest and 21Shares, which saw $113.82 million positive flows. With net inflows of $93.38 million BlackRock’s IBIT, the biggest spot bitcoin ETF by net assets, followed with Fidelity’s FBTC drawing $74 million. Bitwise’s BITB stated $50.38 million in inflows; VanEck’s HODL got $22.10 million; smaller inflows were noted across funds from Valkyrie, Invesco, Franklin Templeton, and Grayscale’s Bitcoin Mini Trust. The GBTC of Grayscale, which had $7.73 million flow out, was the sole net outflow.
The largest since Aug. 23, Thursday’s overall trading volume among the 12 bitcoin ETFs came to $2.43 billion. Since their introduction, the combined net inflows for spot bitcoin ETFs have climbed to $18.31 billion.
Head of Insights at SOFA.org Augustine Fan says, “US equities hit new all-time highs for the third time this week, boosted by rapid stimulus in China, leading global risk markets to turn bullish.”
Spot Ethereum ETFs, meantime, turned back to net outflows, at $675,450 on Thursday. Grayscale’s ETHE topped the outflows with $36 million; Fidelity’s FESH had $15.92 million in inflows; BlackRock’s ETHA contributed $14.85 million. Though six funds had positive inflows, overall net withdrawals are nevertheless noteworthy; since their July introduction, Ethereum ETFs have shown cumulative outflows of $581.61 million.
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