U.S. spot Bitcoin exchange-traded funds (ETFs) continued their inflow streak, posting a fifth consecutive day of net inflows on Wednesday, totaling $105.84 million. According to data from SoSoValue, BlackRock’s IBIT, the largest Bitcoin ETF by net assets, reported the highest daily net inflows of $184.38 million. Bitwise’s BITB was the only other fund to register positive flows, with $2.07 million in net inflows.
However, several funds faced outflows. Ark Invest and 21Shares’ ARKB recorded $47.41 million in net outflows, while Fidelity’s FBTC saw $33.19 million withdrawn. The other eight funds, including Grayscale’s GBTC, had no net inflows or outflows for the day.
The 12 spot Bitcoin funds had a total trading volume of $795.88 million on Wednesday, a drop from Tuesday’s volume of $1.11 billion. Since their launch in January, the ETFs have collectively accumulated $17.94 billion in total net inflows.
Ethereum ETFs Extend Inflows
Spot Ethereum ETFs also posted net inflows on Wednesday, amounting to $43.23 million. Grayscale Ethereum Mini Trust led the day with $26.63 million in inflows, followed by BlackRock’s ETHA with $9.38 million and Fidelity’s FETH with $6.45 million. 21Shares’ CETH recorded inflows of $774,100, marking its first net inflow since July 31.
On the same day, the nine Ether ETFs registered a total trade volume of $124.18 million. However, despite Wednesday’s positive flows, Ether ETFs have seen total net outflows of $580.94 million since their debut in July.
In related ETF news, the U.S. Securities and Exchange Commission (SEC) delayed its decision on listing and trading options for Ethereum ETFs from BlackRock, Bitwise, and Grayscale, postponing the ruling to November.
