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The U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a robust $202.51 million in net inflows on Monday, marking the eighth consecutive day of positive movement in the sector. 
According to <a href="https://sosovalue.xyz/assets/etf/us-btc-spot">data</a> from SoSoValue, the 12 Bitcoin-focused funds collectively attracted a substantial $756 million over the past eight trading days.&nbsp; 
<h2 id="span-style-font-weight-400-individual-contributions-span">Individual Contributions</h2> 
Monday’s largest inflow was dominated by <a href="https://thecoinrise.com/blackrock-etf-sees-record-bitcoin-and-ethereum-inflows/">BlackRock’s IBIT fund, which saw an impressive $224.06 million in net inflows</a>, its highest since July 22. Other notable contributions came from Franklin Templeton’s EZBC, which brought in $5.52 million, and WisdomTree’s BTCW, which recorded $5 million in net inflows. 
However, not all Bitcoin ETFs had a positive day. Bitwise’s BITB faced the largest net outflow, with $16.61 million exiting the fund. This was followed by $8.33 million outflows from Fidelity’s FBTC and $7.18 million from VanEck’s HODL. Six other funds, including Grayscale’s GBTC, remained stagnant with no significant flow activity. 
<h3 id="span-style-font-weight-400-trading-volume-span">Trading Volume</h3> 
The overall trading volume for spot Bitcoin funds dipped to $1.2 billion on Monday, a decrease from the $3.12 billion observed last Friday, reflecting a return to more typical trading levels. Despite this, these funds have managed to accumulate a total of $18.08 billion in net inflows since their inception in January. 
<h2 id="span-style-font-weight-400-ether-etfs-span">Ether ETFs</h2> 
On the other hand, Ether-focused ETFs continued to struggle, recording their eighth consecutive day of net outflows. Monday’s outflows totaled $13.23 million, led by Grayscale’s ETHE, which saw $9.52 million in withdrawals. Fidelity’s FETH and Franklin Templeton’s fund also reported outflows of $2.69 million and $1.02 million, respectively.&nbsp; 
Notably, no Ether ETFs registered positive inflows on Monday, signaling a more cautious sentiment towards the cryptocurrency. 
Ether’s trading volume stood at $125.73 million on Monday, a figure that contrasts sharply with the ongoing outflows, leading to a cumulative net outflow of $477.88 million from Ether funds. 
As Bitcoin and Ether continue to chart divergent paths, speculation is rising within the crypto community about the potential approval of <a href="https://thecoinrise.com/spot-solana-etf-applications-hits-roadblock-with-us-sec/">spot ETFs for Ripple and Solana</a> by the SEC in the near future. 
The post <a href="https://thecoinrise.com/bitcoin-etfs-see-202m-net-inflows-as-ether-funds-face-outflows/">Bitcoin ETFs See $202M Net Inflows as Ether Funds Face Outflows</a> appeared first on <a href="https://thecoinrise.com">TheCoinrise.com</a>.

Bitcoin ETFs See $202M Net Inflows as Ether Funds Face Outflows

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