Bitcoin ETF

Spot

<p><strong>Key points</strong></p>   
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 <li><em>Six-spot bitcoin ETFs, including ARKB, reported net inflows on Thursday.</em></li>   
 <li><em>Spot ether ETFs recorded daily net outflows of $20.14 million.</em></li> 
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<h5 class="wp-block-heading"><strong>Spot bitcoin ETF inflows surged by $39.02 million on Thursday, led by Ark and 21Shares’ ARKB, while Grayscale’s GBTC was the only fund to see outflows.</strong></h5>   
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<h2 class="wp-block-heading" id="strong-spot-bitcoin-etf-inflows-surge-by-39-02-million-strong"><strong>Spot Bitcoin ETF Inflows Surge by $39.02 Million</strong></h2>   
<p>According to SoSoValue&nbsp;<a href="https://sosovalue.xyz/assets/etf/us-btc-spot">data</a>, on Thursday, U.S. spot bitcoin ETFs saw a significant net inflow of $39.02 million, led by 21Shares’ Ark and ARKB, which brought in $18.34 million. Fidelity’s FBTC saw $11.47 million in inflows, while Grayscale’s Bitcoin Mini Trust and other funds like VanEck’s HODL and Franklin Templeton’s Bitcoin fund also saw positive inflows. </p>   
<p>Despite the surge, Grayscale’s GBTC was the only ETF to see outflows, with $6.51 million flowing out of the fund. Overall, bitcoin ETFs have seen a cumulative net inflow of $17.03 billion since their launch in January. However, daily trading volume has dropped to $896.92 million, down from $1.27 billion the day before.</p>   
<p class="has-background" style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noreferrer noopener"> </a><a href="https://coincu.com/84544-central-bank-russia-allow-trade-crypto/" data-type="link" data-id="https://coincu.com/84544-central-bank-russia-allow-trade-crypto/" target="_blank" rel="noreferrer noopener">Spot Bitcoin ETFs See $211 Million Outflows, Extending Losing Streak</a></strong></p>   
<h2 class="wp-block-heading" id="strong-grayscale-s-ether-etf-leads-outflows-amid-bitcoin-recovery-strong"><strong>Grayscale’s Ether ETF Leads Outflows Amid Bitcoin Recovery</strong></h2>   
<p>While inflows into bitcoin spot ETFs surged, spot Ethereum ETFs saw net outflows of $20.14 million, marking a second consecutive day of declines. Grayscale’s ETHE was responsible for all the outflows, while other Ethereum ETFs reported no change. </p>   
<p>Total trading volume for the Ethereum ETF fell to $106.14 million, reflecting lower activity. Meanwhile, bitcoin prices remained around $58,000, with investors awaiting the Federal Open Market Committee meeting for a possible rate cut. As market conditions changed, investors remained focused on the performance of both bitcoin and Ethereum ETFs.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Spot Bitcoin ETF Inflows Reach $39M As BTC Nears $58,000

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