Ethereum

HODL

mini

Reported by The Block: BlackRock’s IBIT fund led inflows with $157.6 million on Thursday. Spot ether ETFs saw $2.87 million in net outflows.
Spot bitcoin exchange-traded funds in the U.S. logged $192.56 million in positive flows on Thursday.
BlackRock’s IBIT reported the largest amount of inflows among the funds with $157.6 million yesterday, according to data from SoSoValue. WisdomTree’s BTCW was Thursday’s dark horse, drawing in $118.52 million — its largest inflows yet and over 10 times greater than its previous record high on Wednesday.
This was followed by net inflows of $65.25 million from Fidelity’s FBTC and $32.79 million from Ark Invest and 21Shares’ ARKB. VanEck’s HODL also saw $3.38 million in net inflows.
Grayscale’s converted GBTC fund saw a fairly large sum of net outflows on Thursday, worth $182.94 million. Hashdex’s spot bitcoin fund saw $2.03 million leave the product.
On Thursday, the total trading volume for spot bitcoin ETFs amounted to $2 billion, compared to $1.79 billion on Wednesday. The 12 funds have accumulated a total net inflow of $17.43 billion since launching in January.
Ether ETFs see minimal outflows Spot Ethereum ETFs in the U.S. experienced closely matched inflows and outflows yesterday, resulting in a total net outflow of $2.87 million.
BlackRock’s ETHA logged $11.74 million in net inflows, while Grayscale’s mini trust saw $5 million in inflows. Bitwise’s ether fund also reported $2.78 million in net inflows. These inflows were countered by net outflows of $19.83 million from Grayscale’s ETHE and outflows of $2.58 million from Fidelity’s Ethereum ETF.
The ether ETFs' total daily trading volume reached $338.49 million yesterday, while the funds have accumulated $390.23 million in net outflows since launching on July 23.
Bitcoin price gained 6.93% in the past 24 hours to $60,837, and ether jumped 9.72% to $2,662, according to The Block’s crypto price page.
&nbsp;

US spot bitcoin ETFs see $192 million in inflows, ether ETFs lose $3 million

TokenInsight

Other articles published on Aug 9, 2024

OKX to Deactivate Accounts Linked to Sanctioned Entities, Including Tornado Cash and Garantex

Dash Price Plummets 23%, Cryptocurrency Investors in Frenzy

Case Studies of Countries with Significant Crypto Adoption

Ripple Takes on SEC: Unveils Game-Changing Stablecoin Amid Legal Battle!

Coinbase Challenges CFTC Proposal on Prediction Markets

10 Best Crypto Casinos for US Players in 2024

Join our free newsletter for daily crypto updates!