Spot Bitcoin ETFs in the United States witnessed their fifth consecutive day of net inflows, while spot Ether ETFs also saw inflows for the second day in a row.
According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $105.84 million on September 25th, marking the fifth straight day of positive inflows. During this period, these funds accumulated more than $496.56 million.
The largest Bitcoin ETF, BlackRock’s IBIT, led the inflows for the second consecutive day, with $98.9 million flowing into the fund, bringing its total net inflows to $21.2 billion. BITWise’s BITB attracted $2.1 million.
However, Fidelity’s FBTC and ARK 21Shares’ ARKB experienced outflows amounting to $33.2 million and $47.4 million, respectively, partially offsetting these inflows. The remaining eight BTC ETFs, including Grayscale’s GBTC, remained neutral for the day.
Since GBTC converted into an ETF, investors have withdrawn over $20.1 billion from the fund. However, the significant outflows that followed the conversion have eased in recent weeks.
On September 25th, the total trading volume for the 12 BTC ETFs dropped to $795.85 million, lower than the $1.11 billion seen the previous day. Since their launch, these funds have recorded a cumulative total net inflow of $17.94 billion. Bitcoin (BTC) was trading at $63,675 at the time of publication.
Moving to Ethereum, the nine US-based Spot Ethereum ETFs recorded net inflows of $43.23 million on September 25th, continuing the positive performance from the previous day. The majority of the inflows went into the Grayscale Bitcoin Mini Trust, which saw $26.6 million added to the fund.
BlackRock’s ETHA and Fidelity’s FETH followed with inflows of $9.4 million and $6.4 million, respectively. 21Shares CETH also saw a more modest inflow of $774.1K. The remaining ETH ETFs had no trading activity on that day.
The trading volume for these investment vehicles dropped to $124 million on September 25th, down from $180.42 million the previous day. The spot Ether ETFs have experienced a cumulative total net outflow of $580.94 million. At the time of publication, Ethereum (ETH) was trading at $2,613.
Read more: A Bitcoin miner from 2009 sends BTC to Kraken.