Ethereum

Franklin

mini

Spot

U.S. spot Bitcoin exchange-traded funds (ETFs) attracted $39.42 million in net investment on Wednesday, posting a fifth straight day of positive inflows. In contrast, spot Ethereum ETFs continued their streak of net outflows for a fifth straight day. 
Grayscale’s mini Bitcoin trust led the day with $14.2 million in inflows, followed closely by Fidelity and Bitwise’s spot Bitcoin funds, which both saw around $10 million in new investments, according to SoSoValue data. 
BlackRock’s IBIT, the largest spot Bitcoin ETF by assets, added $8.35 million, while Franklin Templeton’s EZBC fund saw inflows of $3.55 million. 
Invesco’s BTCO also contributed $2.46 million in positive flows. The only Bitcoin ETF to report an outflow was Grayscale’s converted GBTC fund, which lost $9.82 million. Six other funds, including Ark and 21Shares’ ARKB, reported no net changes. 
The total trading volume of 12 spot <a href="https://bingx.com/en/prices/bitcoin/?utm_campaign=linkexchange_en&amp;utm_medium=organic_link&amp;utm_source=bitcoinsistemi" target="_blank" rel="nofollow noopener">Bitcoin</a> ETFs reached $1.42 billion on Wednesday, up from $1.35 billion the day before. Since their launch, these funds have collected $17.56 billion in total net inflows. 
Related News: <a href="https://en.bitcoinsistemi.com/bitcoin-exchange-binance-announces-it-will-delist-numerous-altcoin-trading-pairs-here-are-the-altcoins-that-have-been-delisted-2/" target="_blank" rel="dofollow">Bitcoin Exchange Binance Announces It Will Delist Numerous Altcoin Trading Pairs! Here Are The Altcoins That Have Been Delisted</a> 
Meanwhile, spot Ethereum ETFs reported net outflows of $17.97 million on Wednesday, largely driven by Grayscale’s $31.14 million ETHE fund leaving the fund. 
On the positive side, Fidelity’s FETH recorded the largest net inflow at $7.93 million, followed by Grayscale Ethereum Mini Trust at $4.24 million. Franklin Templeton’s Ethereum fund also saw an inflow of $1 million. 
Trading volume across nine Ethereum ETFs reached $201 million on Wednesday, up slightly from $194.66 million the day before. Overall, Ethereum ETFs have seen net outflows of $458.08 million since their launch. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/us-spot-bitcoin-exchange-traded-funds-etfs-positive-streak-extends-to-five-days/">US Spot Bitcoin Exchange Traded Funds (ETFs) Positive Streak Extends to Five Days!</a>

US Spot Bitcoin Exchange Traded Funds (ETFs) Positive Streak Extends to Five Days!

Bitcoin Sistemi EN

Other articles published on Aug 22, 2024

Solana Memecoin Trump’s Pussy to Surge 17,000% Before Exchange Listing, While Dogecoin and SHIB Lag

Bitcoin exchange inflow has fallen sharply in August — CryptoQuant

Tether Launches USDT on Aptos, Offering ‘Fraction-of-a-Penny’ Transaction Fees

Sea of Thieves update brings major blunderbuss changes and event tweaks

Low Ethereum gas fees could drive $1.6 billion supply growth

$ZIL is listed on SwissBorg now

Join our free newsletter for daily crypto updates!