U.S. spot Bitcoin exchange-traded funds posted positive flows for the fifth straight day, pulling in $39.42 million on Wednesday, while spot ether ETFs experienced net outflows for the fifth straight day.
According to SoSoValue, Grayscale’s mini Bitcoin trust reported net inflows of $14.2 million yesterday, while spot Bitcoin funds from Fidelity and Bitwise also saw inflows of around $10 million. data.
BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, saw inflows of $8.35 million. Franklin Templeton’s EZBC saw $3.55 million in inflows to the fund, while Invesco’s BTCO saw $2.46 million in inflows.
The only net outflow came from Grayscale’s Convertible GBTC fund, which saw $9.82 million flow out of the ETF. Six other funds, including Ark and 21Shares’ ARKB, reported no inflows on the day.
t’s daily total trading volumeA dozen bitcoin ETFs reached $1.42 billion in assets on Wednesday, up from $1.35 billion on Tuesday. The funds have seen a total of $17.56 billion in net inflows since launch.
Ether ETFs continue to see outflows.
Meanwhile, spot ether ETFs reported net outflows of $17.97 million on Wednesday. Grayscale’s ETHE was the only ether ETF to experience negative flows, with net outflows of $31.14 million.
Fidelity’s FETH saw the largest net inflow of the day at $7.93 million, followed by Grayscale. Ethereum Ethereum
+0.84%
Mini Trust has $4.24 million. Franklin Templeton’s Ether Fund also recorded net inflows of $1 million.
Trading volume across nine Ethereum ETFs reached $201 million on Wednesday, up from $194.66 million on Tuesday. Their total cumulative net outflow increased to $458.08 million.
Bitcoin Bitcoin
+2.00%
‘s price continues to fluctuate around the $60,000 level. It was up 2.33% over the last 24 hours to trade at $60,735. Ether was up 1.09% to trade at $2,621.
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