Bitcoin

Spot

U.S. spot Bitcoin ETFs continued their momentum on Monday, registering a net inflow of $61.3 million, marking the eighth consecutive day of positive inflows. This trend highlights the sustained interest in <a href="https://www.turkishnyradio.com/bitcoin-investors-await-powells-speech-what-can-we-expect/" target="_blank" rel="noopener">Bitcoin </a>investment products. 
Leading the charge was BlackRock’s IBIT, which attracted $72.15 million in net assets, making it the largest spot Bitcoin ETF. Fidelity’s FBTC also posted solid growth, bringing in $8.32 million. 
However, not all ETFs followed this trend. Ark and 21Shares’ ARKB reported a $9.5 million net outflow on Monday after a significant inflow of $203.07 million last Friday. Similarly, Bitwise’s BITB experienced a net outflow of $9.67 million. 
Meanwhile, Grayscale’s GBTC, which saw rare inflows of $26.15 million last Friday, reported no inflows or outflows on Monday. The remaining seven spot Bitcoin ETFs also recorded no flow activity. 
The total trading volume across these 12 Bitcoin ETFs fell from $1.87 billion on Friday to $1.37 billion on Monday. 
<img decoding="async" class="alignnone size-full wp-image-20594" src="https://www.turkishnyradio.com/wp-content/uploads/2024/10/representing-the-inflows-into-US-Bitcoin-ETFs-showing-a-positive-market-trend-Include-prominent-Bitcoin-and-ETF-symbols.webp" alt="representing the inflows into US Bitcoin ETFs showing a positive market trend Include prominent Bitcoin and ETF symbols" width="1792" height="1024" title="U.S. Spot Bitcoin ETFs Record 8th Consecutive Day of Positive Inflows: Here Are the Details 6" srcset="https://www.turkishnyradio.com/wp-content/uploads/2024/10/representing-the-inflows-into-US-Bitcoin-ETFs-showing-a-positive-market-trend-Include-prominent-Bitcoin-and-ETF-symbols.webp 1792w, https://www.turkishnyradio.com/wp-content/uploads/2024/10/representing-the-inflows-into-US-Bitcoin-ETFs-showing-a-positive-market-trend-Include-prominent-Bitcoin-and-ETF-symbols-768x439.webp 768w, https://www.turkishnyradio.com/wp-content/uploads/2024/10/representing-the-inflows-into-US-Bitcoin-ETFs-showing-a-positive-market-trend-Include-prominent-Bitcoin-and-ETF-symbols-1536x878.webp 1536w" sizes="(max-width: 1792px) 100vw, 1792px"> 
<h2 id="ethereum-etf-trends">Ethereum ETF Trends</h2> 
In contrast, U.S. spot Ethereum ETFs saw a net outflow of $822,290 on Monday, following significant inflows of $58.65 million last Friday. Grayscale’s ETHE fund reported an outflow of $11.81 million, while BlackRock’s ETHA managed to continue its positive streak with $10.99 million in net inflows, marking its fifth consecutive day of gains. 
Like Bitcoin ETFs, the trading volume for Ethereum ETFs also dropped, with total volume falling from $249.09 million on Friday to $149.14 million on Monday. 
These trends suggest that while Bitcoin ETFs maintain strong investor interest, Ethereum ETFs have seen more mixed results.

U.S. Spot Bitcoin ETFs Record 8th Consecutive Day of Positive Inflows: Here Are the Details

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