Bitcoin

Spot

U.S. spot Bitcoin ETFs witnessed daily total net inflows worth $61.30 million on September 30. The inflows marked an eight-day positive streak that started on September 19. BlackRock’s ETF IBIT led with positive flows with $72.15 million. 
U.S. spot Bitcoin ETFs marked an eight-day streak of positive inflows on September 30 after recording net inflows worth $61.30 million. The eight-day positive streak commenced on September 19 with $158 million in inflows before peaking on September 27 with a daily total net inflow of about half a billion dollars. 
<h3 id="span-style-font-weight-400-balckrock-s-ibit-tops-the-chart-with-72-15m-in-inflows-span">BalckRock’s IBIT tops the chart with $72.15M in inflows</h3> 
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 <img decoding="async" class="wp-image-595028 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/10/sosoetf.jpg" alt="Bitcoin ETFs record $61M inflows, ETH ETFs experience $823k outflows" width="1280" height="509" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/10/sosoetf.jpg 1280w, https://www.cryptopolitan.com/wp-content/uploads/2024/10/sosoetf-300x119.jpg 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/10/sosoetf-1200x477.jpg 1200w, https://www.cryptopolitan.com/wp-content/uploads/2024/10/sosoetf-768x305.jpg 768w" sizes="(max-width: 1280px) 100vw, 1280px">
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 Source: <a href="https://sosovalue.com/assets/etf/us-btc-spot" rel="nofollow noopener" target="_blank">Sosovalue</a>
 </figcaption>
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Only BlackRock and Fidelity funds registered positive flows on September 30. According to live ETF data from Sosovalue, BlackRock’s iShares Bitcoin Trust ETF registered the most inflows, worth $72.15 million. The fund also recorded inflows worth $110 million on September 27 and has been on a positive streak since September 23.&nbsp; 
Fidelity’s ETF FBTC trailed far behind with inflows worth $8.32 million. According to data from Farside, the inflows marked a three-day streak of positive flows that commenced on September 26. Previous readings on September 27 indicate that FBTC outperformed BlackRock’s IBIT by registering inflows worth $123.6 million. 
Ark &amp; 21 Shares’ ARKB and Bitwise’s BITB are the only funds that saw negative flows on September 30. ARKB registered outflows worth $9.50 million, ending its two-day positive streak. The fund registered inflows worth $203.1 million and $113.8 million on September 27 and 26, respectively. 
Bitwise recorded outflows worth $9.67 million, which is a significant drop from September 27, when the fund saw inflows worth $12.9 million. Other funds, such as Grayscale’s GBTC, Grayscale’s BTC, VanEck’s HODL, and Valkyrie’s BRRR, registered zero flows.&nbsp; 
The cumulative total net inflow of U.S. spot Bitcoin ETFs currently sits at $18.86 million. Bitcoin ETFs currently hold digital assets worth $59.08 billion, which accounts for 4.69% of Bitcoin’s market capitalization.&nbsp; 
<h3 id="span-style-font-weight-400-u-s-spot-ethereum-etfs-register-823k-in-outflows-span">U.S. spot Ethereum ETFs register $823K in outflows</h3> 
On the other hand, Spot Ethereum ETFs recorded daily total net outflows worth 822.29K on September 30. Only BlackRock’s ETHA registered net inflows. The fund recorded positive flows worth $10.99 million.&nbsp; 
Grayscale’s ETHE registered the only outflows across all nine approved funds worth $11.81 million, bringing the net outflows to $822.29k. Ethereum ETFs’ cumulative total net outflows currently sit at 527.79 million, according to ETF tracking <a href="https://sosovalue.com/assets/etf/us-eth-spot" rel="nofollow noopener" target="_blank">website</a> Sosovalue. 
Other Ether ETFs, such as Fidelity’s FETH, VanEck’s ETHV, and Franklin’s EZET, netted zero flows on September 30. Ethereum ETFs registered positive flows on September 27, worth $58.65 million. Fidelity’s FETH had been on a three-day streak of positive flows starting September 25, according to <a href="https://farside.co.uk/eth/" rel="nofollow noopener" target="_blank">Farside</a>. The total net assets held under Ether ETFs’ custody represent 2.27% of Ethereum’s market cap, which is approximately $7.14 billion.

Bitcoin ETFs record $61M inflows, ETH ETFs experience $823k outflows

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