The U.S. spot bitcoin exchange-traded fund recorded net inflows of $92 million on Friday, taking the fund’s net inflows to nearly $400 million this week.
Friday’s inflows were spread across seven Bitcoin ETFs. Fidelity’s FBTC reported $26.12 million in inflows, while Ark Invest and 21Shares’ ARKB recorded $21.99 million, according to SoSoValue. dataBitwise’s BITB saw positive inflows of $15.08 million, while Grayscale’s Bitcoin Mini Trust saw net inflows of $13.37 million.
Bitcoin ETFs from VanEck, Valkyrie and Invesco also saw small inflows. There were no net outflows on Friday, and five funds, including BlackRock’s IBIT, reported no inflows.
On Friday, the US Bitcoin Fund’s daily total trading volume was $980.59 million, with total net inflows since its launch in January reaching $17.69 billion.
In related Bitcoin ETF news, the U.S. Securities and Exchange Commission (SEC) Approved Listing and Trading of Options on BlackRock’s IBIT. The options are expected to be listed and traded on Nasdaq.
Spot Ether ETFs reported a second consecutive day of positive total inflows yesterday, with Grayscale’s Ethereum Mini Trust seeing $2.87 million. The other eight funds saw no inflows on Friday.
The Ether fund recorded a daily total volume of $139.47 million, down from $250.84 million on Thursday. Since its launch in July, the US Ethereum ETF has accumulated negative flows of $607.47 million, according to SoSoValue data.
Meanwhile, according to The Block’s Bitcoin price page, Bitcoin was down 0.57% over the last 24 hours, trading at $63,116. Ether, on the other hand, was up 0.24%, trading at $2,551 at the time of writing.
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