Total Daily Inflows into BTC and ETH ETFs Exceed $1 Billion
On September 29, U.S. exchange-traded funds (ETFs) based on Bitcoin and Ethereum collectively attracted over $1 billion — nearly $522 million into BTC ETFs and $547 million into ETH ETFs.
Spot Ethereum funds ended a five-day period of negative inflows on Monday. The leader in fund inflows was Fidelity’s FETH, which received $202 million from investors. BlackRock’s ETHA fund attracted around $154 million.
The total net assets under management of Ethereum ETFs now stand at $27.5 billion, equivalent to roughly 5.4% of the leading altcoin’s total market capitalization.
Among Bitcoin funds, the most successful on September 29 was Fidelity’s FBTC, which received $299 million in inflows. ARKB from ARK and 21Shares took second place with $62 million. Other BTC ETFs also saw inflows. The only exception was BlackRock’s iShares Bitcoin Trust (IBIT), which recorded a modest net outflow of $46.6 million.
Twelve spot Bitcoin ETFs currently manage assets worth $150 billion, representing 6.6% of Bitcoin’s total market capitalization.
Inflows into crypto ETFs resumed as the market began to rise: over the past 24 hours, Bitcoin gained 1.15%, and Ethereum rose by 1.22%.
See also: "Bitcoin Price Today: Rises Above $114K on "October Rally" Momentum and Whale Buying"
Українська
Русский
English

