Spot Bitcoin exchange-traded funds (ETFs) in the US attracted net inflows of $39.02 million on Thursday, recovering from the previous day's negative flow.
$39 Million Inflows Into US Spot Bitcoin ETFs, BTC Floats Around $58,000
Data from SoSoValue revealed that Ark Invest and 21Shares’ ARKB fund led the way with $18.34 million in new investments. Fidelity’s FBTC followed with $11.47 million in net inflows, while Grayscale’s Bitcoin Mini Trust attracted $5.18 million.
Other ETFs, including VanEck’s $4.95 million HODL and Franklin Templeton’s $3.38 million bitcoin fund, saw smaller inflows. Bitwise’s BITB also saw positive flows, adding $2.22 million. However, Grayscale’s GBTC was the only spot bitcoin ETF to record outflows, losing $6.51 million.
Despite this renewed interest, daily trading volumes across all 12 Bitcoin ETFs fell to $896.92 million from $1.27 billion the previous day. These funds have collectively seen net inflows of $17.03 billion since their launch in January.
Ethereum ETFs Face Continued Outflows
Unlike Bitcoin, Ethereum ETFs continued to struggle, recording net outflows of $20.14 million on Thursday, the second straight day of losses. Outflows were concentrated in Grayscale’s ETHE fund, while other Ethereum funds reported zero inflows.
Total daily trading volume for Ethereum ETFs fell to $106.14 million from $126.22 million on Wednesday.
*This is not investment advice.
Md shofiqul