Spot Bitcoin ETFs end 8-day outflows streak, Ether ETFs lose $5.2m

Spot Bitcoin exchange-traded funds in the United States saw inflows for the first day following eight consecutive days of outflows that shed over $1.18 billion from their total assets under management, signaling a potential shift in investor sentiment.

According to data from SoSoValue, the 12 spot Bitcoin exchange-traded funds recorded $28.6 million in net inflows on Sep. 9, a break from the eight-day outflow streak recorded earlier.

Fidelity’s FBTC led the charge with reported inflows of $28.6 million, bringing its total inflows from inception to $9.45 billion. This follows after the fund experienced negative flows for the past seven trading days.

Bitwise’s BITB and ARK 21Shares’s ARKB followed next with inflows of $22 million and $6.8 million, respectively. Meanwhile, Invesco’s BTCO logged more modest inflows of $3.1 million following three days of no trading activity.

These inflows were offset by Grayscale’s GBTC, which logged outflows of $22.8 million, bringing its total outflows from its launch date to over $20 billion. Interestingly, BlackRock’s IBIT, the largest spot BTC ETF by net assets also shed $9.1 million in outflows on the day. The remaining six Bitcoin ETFs remained neutral.

Total trading volume for the 12 BTC ETFs dropped to $1.61 billion on Sep. 9, significantly lower than the $2.39 billion seen the previous day. These funds have recorded a cumulative net inflow of $16.92 billion since inception. At the time of writing, Bitcoin (BTC) was up 4.2% over the past day, trading at $56,915, per data from crypto.news.

Meanwhile, the nine-spot Ethereum ETFs logged in net outflows of $5.2 million on Sep. 9 following four consecutive days of net negative flows.

Grayscale’s ETHE led the outflows once again, with $22.6 million exiting the fund, bringing its total outflows to the $2.69 billion mark since its launch on July 23. Meanwhile, Fidelity’s FETH, Grayscale’s ETH, and Biwise’s ETHW were the only offerings to record inflows of $7.6 million, $8 million, and $1.8 million, respectively. The remaining five ETH ETFs saw no flows on the day.

These investment vehicles have also seen their daily trading volume drop to $124.51 million on Sep. 9, a major drop over the previous day. The spot Ether ETFs have experienced a cumulative net outflow of $573.49 million to date. At the time of publication, Ethereum (ETH) was also up by 2.6%, exchanging hands at $2,345.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
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By Phạm Mạnh Cường

Phạm Mạnh Cường là một nhà đầu tư Tiền mã hoá và giảng dạy Blockchain ở Trường Đại học Kinh tế - Luật, Đại học Quốc gia Hồ Chí Minh, Việt Nam. Tác giả đã có bằng Thạc sĩ Khoa học máy tính từ năm 2011 tại Đại học Bách Khoa Hồ Chí Minh. Tính đến nay tác giả đã có kinh nghiệm 7 năm giảng dạy cho sinh viên về công nghệ Blockchain và 8 năm đầu tư trong lĩnh vực Tiền mã hoá từ 2016. Tác giả hiện sở hữu hàng nghìn bài viết tổng hợp, nhận định và chỉnh sửa về Tiền mã hoá và Tiền điện tử chất lượng trên Website và ở nhiều kênh khác.

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