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Spot Bitcoin and Ethereum exchange-traded funds in the United States experienced joint net inflows to close the trading week, and both saw even larger inflows earlier in the week. However, ETH ETFs are still experiencing net outflows since launching this summer.
According to data from SoSoValue, the 12 spot Bitcoin ETFs saw net inflows of $92 million on Friday, Sept. 20, 42% lower than the $158 million inflows recorded on Sept. 19. Fidelity’s FBTC led the pack with $26.1 million in inflows, dropping from the previous day’s inflow of $49.9 million.
ARK 21Shares’s ARKB and Bitwise’s BITB followed with $22 million and $15.1 million inflows, respectively. Additionally, Grayscale Bitcoin Mini Trust, VanEck’s HODL, and Valkyrie’s BRRR drew in $13.4 million, $7.1 million, and $5.2 million, respectively.
Invesco’s BTCO also saw modest inflows of $3.1 million after two days of no trading activity. While the remaining five BTC ETFs witnessed no trading activity. 3 replies
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