Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
US spot bitcoin ETFs extend inflows streak to eight days, logging $61.3 million on Monday

US spot bitcoin ETFs extend inflows streak to eight days, logging $61.3 million on Monday

The BlockThe Block2024/10/01 05:48
By:Timmy Shen

Spot bitcoin ETFs in the U.S. reported daily net inflows of $61.3 million on Monday.BlackRock’s IBIT led the inflows, with $72.15 million flowing into the fund.

U.S. spot bitcoin exchange-traded funds recorded $61.3 million in net inflows on Monday, extending their streak of positive flows to eight days.

BlackRock’s IBIT, the largest spot bitcoin ETF by net assets, saw $72.15 million flow into the product, according to SosoValue data . Fidelity’s FBTC reported net inflows of $8.32 million. 

Ark and 21Shares’ ARKB experienced $9.5 million in net outflows on Monday after logging significant inflows of $203.07 million last Friday. Bitwise’s BITB saw $9.67 million in daily net outflows. 

Grayscale’s GBTC logged zero flows on Monday after recording rare daily inflows of $26.15 million on Friday. The seven other spot bitcoin ETFs also reported zero flows.

The total trading volume of these 12 ETFs shrank to $1.37 billion on Monday, down from $1.87 billion on Friday.

Ether ETFs experienced modest outflows

Meanwhile, the spot Ethereum ETFs in the U.S. recorded $822,290 in net outflows on Monday, following inflows of $58.65 million last Friday.

The Grayscale Ethereum Trust (ETHE) continued to report outflows, with $11.81 million exiting the fund on Monday. BlackRock’s ETHA recorded net inflows of $10.99 million, marking the fund’s fifth consecutive day of inflows. The seven other spot ether ETFs logged zero flows.

The nine spot ether ETFs saw their total trading volume decrease to $149.14 million on Monday, compared to $249.09 million on Friday.

Bitcoin dipped 1.17% over the past 24 hours to trade at around $63,765, while ether edged up 0.26% to change hands at $2,640 at the time of writing, according to The Block’s price page .


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!