Positive Inflows Continue in US Spot Bitcoin ETFs, While Outflows Continue in Ethereum ETFs! Here Are the Details

US spot Bitcoin exchange-traded funds (ETFs) witnessed net inflows of $88.06 million on Tuesday, marking the fourth consecutive day of positive flows. This trend suggests continued investor interest despite recent market volatility.

US Spot Bitcoin ETFs Extend Positive Streak with $88 Million Inflows

Leading the inflows was BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, which attracted $55.43 million. Ark Invest and 21Shares’ ARKB fund followed closely with $51.91 million in inflows, according to SoSoValue data.

Conversely, Grayscale’s GBTC saw the highest net outflows with $12.81 million withdrawn, Bitwise’s BITB also reported $6.47 million in outflows, while eight other spot Bitcoin ETFs, including Fidelity and VanEck, saw no significant fund movements.

Total daily trading volume across 12 ETFs rose to $1.35 billion on Tuesday, recovering from $779 million the day before.

But that figure remains well below the daily trading volumes seen in March, which ranged from $5 billion to $8 billion. Since their launches, these 12 funds have collected $17.52 billion in total net inflows.

Spot Ethereum ETFs Face Continued Outflows

In contrast, U.S. spot Ethereum ETFs continued to see net outflows, reporting negative flows of $6.49 million on Tuesday, marking the fourth consecutive day of outflows.

Grayscale’s ETHE fund led the outflows with $36.99 million in withdrawals, partially offset by $26.77 million in inflows into BlackRock’s ETHA and $3.73 million into Bitwise’s ETHW. The other six ether ETFs saw no significant movement.

Daily trading volume for spot Ethereum ETFs reached $194.66 million on Tuesday, well below the $900 million to $1 billion range seen in the first week of their launch in July. So far, there has been a total net outflow of $440.11 million from Ethereum ETFs.

*Not investment advice