Ethereum

Franklin

United

Bitcoin

Spot

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li> Spot Bitcoin exchange-traded funds (ETFs) in the U.S. received $31 million in net inflows on Tuesday. </li> 
 <li> U.S. issuers are preparing to launch spot Ethereum ETFs following tentative approval from the SEC. </li> 
</ul>  
<p>Spot Bitcoin ETFs in the United States ended a seven-day streak of net outflows by attracting a net inflow of $31 million on Tuesday. </p> 
<h2 id="details-of-the-inflows">Details of the Inflows</h2> 
<p>The 11 Bitcoin funds, which started in January, have garnered a total net inflow of $14.42 billion as of Tuesday. Fidelity’s FBTC led the inflows, with $49 million, followed by Bitwise’s BITB with $15 million, according to SoSoValue data. VanEck’s HODL also saw net inflows of $4 million. </p> 
<p>However, not all funds experienced inflows. Grayscale’s GBTC saw net outflows of $30.3 million, while Ark Invest and 21Shares’ ARKB reported $6 million in net outflows. BlackRock’s IBIT, the largest spot Bitcoin fund in terms of net asset value, recorded zero flows despite a daily trade volume of $1.1 billion on Tuesday. Other funds from Invesco and Galaxy Digital, Valkyrie, and Franklin Templeton also recorded zero flows. </p> 
<h2 id="ethereum-etfs-on-the-horizon">Ethereum ETFs on the Horizon</h2> 
<p>In other developments, U.S. issuers are gearing up to launch spot <a href="https://crypto.ro/en/cryptocurrencies/ethereum/">Ethereum</a> ETFs. This follows a soft approval from the Securities and Exchange Commission last month. Firms filed amended S-1 registration statements last week, indicating progress in this direction. </p> 
<p>Matt Hougan, Chief Information Officer at Bitwise, anticipates that spot Ethereum ETFs could accumulate $15 billion in net inflows in the first 18 months after their U.S. launch.</p>

Bitcoin ETFs in US Rebound with $31 Million Net Inflows After Recent Outflows

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