Spot Bitcoin ETFs See Eighth Straight Day of Inflows, Ether ETFs Register Minor Outflows

Spot Bitcoin exchange-traded funds saw their eighth straight day of inflows on Sept. 30, whereas spot Ether ETFs experienced outflows following a day of positive flows.

Spot Bitcoin exchange-traded funds saw their eighth straight day of inflows on Sept. 30, while spot Ether ETFs experienced outflows following a day of positive flows.

According to data from SoSoValue, the 12 spot Bitcoin ETFs saw a net inflow of $61.3 million on Monday, continuing a positive flow streak for the eighth consecutive day, bringing total inflows to around $1.42 billion.

BlackRock's IBIT led the way with inflows of $72.15 million on Monday, continuing its streak for the sixth consecutive day. The ETF has seen a total of over 24.14 billion in net inflows since its launch. FIdelity's FBTC saw inflows of $8.32 million.

ARK and 21Shares' ARKB saw outflows of $9.5 million on Monday following a positive trading day that saw inflows of $203.07 million into its fund. Bitwise's BITB also saw outflows of $9.67 million from its fund on Monday.

Grayscale's GBTC saw no inflows on Monday following inflows of $26.15 million the previous trading day. The remaining seven spot Bitcoin ETFs also reported zero flows on Monday.

Overall trading volume across the 12 BTC ETFs also saw a decrease on Sept. 30, dipping to $1.37 billion from the prior day's levels. Since launch, these funds have seen a cumulative total net inflow of $18.86 billion.

BTC down 1.1% in 24 hours, to trade at $63,899 at press time.

Spot Ether ETFs record minor outflows

Meanwhile, the seven spot Ethereum ETFs in the U.S. recorded net outflows of $822,290 on Sept. 30 following inflows of $58.65 million the previous trading day.

Grayscale's ETHE continued to experience outflows, losing $11.81 million. However, BlackRock's ETHA offset a large portion of these losses by attracting $10.99 million in net inflows, marking its fifth consecutive day of inflows.

The remaining seven spot ETH ETFs remained largely neutral on the day.

Trading volume for these investment vehicles also saw a slump, dropping to $149.14 million on Sept. 30 from $249 million seen the previous day.

The spot Ether ETFs have experienced total net outflows of $523.79 million since launch day. At the time of publication, ETH was trading at $2,644.

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