Bitcoin

Ethereum

<p>The US crypto ETF market witnessed another shift in terms of flows on the 12th of September. As per a well-known on-chain analytics company Spot On Chain, <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin</a> ETFs experienced $39M in a positive inflow while <a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum</a> ETFs witnessed $20M in an outflow, expressing contrasting market developments. The analytics firm disclosed the details of the respective flows on its social media account.</p><h2 id="header-0">$ARKB Leads the Inflows in the Bitcoin ETF market with the Inclusion of $18.3 Million</h2><p>In the case of Bitcoin ETFs, a positive rebound has taken place following a recent time of weak inflows. Hence, $39M in net inflows suggests a renewal of interest in the chief crypto token in terms of an investment vehicle. Particularly, institutional investors are turning to Bitcoin to a great extent. Out of 11 $BTC ETFs, 6 witnessed positive flows. ARK 21Shares ($ARKB) Led the Bitcoin ETF market by adding $18.3M.</p><p>Additionally, Fidelity ($FBTC) recorded $11.5M in inflows. Apart from that, Grayscale Mini ($BTC) saw a net inflow of nearly $5.2M. VanEck ($HODL) beheld $4.9M in inflows while <a href="https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/39639/SINGLCLASS/franklin-bitcoin-etf/EZBC" rel="noopener noreferrer nofollow">Franklin ($EZBC)</a> recorded an inflow of $3.4M. Moreover, Bitwise ($BITB) experienced $2.2M in inflows. The only Bitcoin ETF that went through an outflow was <a href="https://grayscale.com/" rel="noopener noreferrer nofollow">Grayscale ($GBTC)</a>, with $6.5M leaving it. However, Irrespective of the inflow, the overall volume has stayed slightly modest. In this respect, none of the $BTC ETFs went beyond the $20M level in inflows.</p><h2 id="header-1">Ethereum ETFs Continue to Experience Outflow with $20M Leaving the Market</h2><p>Contrarily, Ethereum ETFs keep on recording negative flows for the 2nd consecutive day. The total $ETH ETF outflow accounts for approximately $20M. <a href="https://origin.vaneck.com/us/en/investments/ethereum-etf-ethv/" rel="noopener noreferrer nofollow">VanEck ($ETHV)</a> emerged as the only exchange-traded fund among the Ethereum ETFs witnessing outflows. Thus, $20.1M left the ETF in total on the 12th of this month. Other than this, none of the remaining 8 $ETH ETFs saw any flows at all.</p><p>This denotes a lack of latest investment into the respective products in the meantime. This could signify there is a reluctance among the investors to commit additional capital to $ETH ETFs. Otherwise, they are potentially waiting for vibrant market signals in advance of re-entering.</p><p>Keeping that in view, the recent statistics about the crypto ETF market mirror a contrasting investor sentiment. While Bitcoin ETFs see significant inflows that point toward a renewed interest, Ethereum ETFs are going through continued outflows that raise questions about investor confidence in the short term.</p>

Bitcoin ETFs See $39M Inflow, Ethereum ETFs Face $20M Outflow on 12th September

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