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Home»ADOPTION NEWS»US spot Bitcoin ETFs saw net inflows of $235 million yesterday, led by Fidelity’s FBTC.
ADOPTION NEWS

US spot Bitcoin ETFs saw net inflows of $235 million yesterday, led by Fidelity’s FBTC.

By Crypto FlexsOctober 8, 20242 Mins Read
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US spot Bitcoin ETFs saw net inflows of 5 million yesterday, led by Fidelity’s FBTC.
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The U.S. spot Bitcoin exchange-traded fund (ETF) reported net inflows of $235.19 million on Monday, extending its streak of positive flows to two days.

Fidelity’s FBTC saw the largest daily inflows of $103.68 million among the 12 ETFs on Monday, according to SoSoValue. data. BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, experienced net inflows of $97.88 million after reporting zero flows last Friday.

Bitwise’s BITB recorded net inflows of $13.09 million, while Ark and 21Shares’ ARKB saw $12.63 million in inflows for their products. VanEck’s HODL reported inflows of $5.37 million, while Invesco’s BTCO recorded inflows of $2.53 million.

Grayscale’s GBTC, the second-largest spot Bitcoin ETF, and six other ETFs had no flow at all on Monday.

Total trading volume across the 12 ETFs was $1.22 billion on Monday, up slightly from $1.19 billion on Friday and $1.13 billion on Thursday.

There is no flow in the Ether ETF.

Spot in between Ethereum ETH

-2.25%
U.S. ETFs had zero flows on Monday, following net inflows of $7.39 million on Friday and net outflows of $3.2 million on Thursday.

Total trading volume for these nine ETFs decreased to $118.43 million on Monday compared to $148.01 million on Friday.

bitcoin BTC

-1.91%
Ethereum was trading at $62,757, down 1.4% in the last 24 hours, while Ethereum was trading at $2,442, down 2.09%. The Block Pricing Page.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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