US spot bitcoin ETFs log $50 million in inflows, ether ETFs return to positive flows | Headlines | News | CoinMarketCap

08/02/2024 12:30
US spot bitcoin ETFs log $50 million in inflows, ether ETFs return to positive flows | Headlines | News | CoinMarketCap

The 12 spot bitcoin exchange-traded funds in the U.S. reported a total daily net inflow of $50.64 million on Thursday, while spot ether ETFs saw a …

The 12 spot bitcoin exchange-traded funds in the U.S. reported a total daily net inflow of $50.64 million on Thursday, while spot ether ETFs saw a return to net inflows with $26.75 million.

Grayscale’s Bitcoin Mini Trust, which only began trading on Wednesday, led net inflows yesterday with $191.13 million, according to data from SoSoValue. This was followed by BlackRock’s IBIT, which saw inflows of $25.9 million. 

The inflows were countered by net outflows from five U.S. funds, including Grayscale’s GBTC, which saw $71.33 million leave the fund on Thursday. Fidelity’s FBTC logged net outflows of $48.4 million and Ark Invest and 21Shares’ ARKB saw $22.42 million in outflows. Funds from Bitwise and VanEck also saw net outflows, while the remaining five funds from issuers such as …

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