Ethereum and Bitcoin spot ETFs' combined daily inflows top $1 billion
Quick Take Ethereum and Bitcoin spot ETFs recorded combined net inflows surpassing $1 billion on Monday. Bitcoin ETFs registered $522 million in net inflows, led by Fidelity’s FBTC. Ethereum ETFs saw $547 million in net inflows after five consecutive days of outflows.
U.S.-listed Bitcoin and Ethereum spot exchange-traded funds collectively attracted more than $1 billion in net inflows on Monday — specifically, $547 million for Ethereum ETFs and $522 million for Bitcoin ETFs.
Spot Ethereum ETFs, which had endured five straight days of outflows, flipped positive. The nine products logged a total of $547 million in net inflows, according to SoSoValue.
Fidelity’s Ethereum Fund (FETH) led the inflows, drawing $202 million in a single day. BlackRock’s iShares Ethereum Trust (ETHA) wasn’t far behind, adding $154 million. The total net assets under management for Ethereum ETFs now stand at $27.5 billion — equivalent to about 5.4% of Ethereum’s circulating market cap.
Bitcoin spot ETFs mirrored the move with $522 million in net inflows over the same period. Fidelity’s FBTC topped the list, drawing $299 million. ARK 21Shares Bitcoin ETF (ARKB) came in second with $62 million, while most others posted gains. The lone outlier was BlackRock’s iShares Bitcoin Trust (IBIT), which saw a modest net outflow of $46.6 million. The 12 Bitcoin spot ETFs now hold $150 billion in AUM, representing 6.6% of Bitcoin’s total market cap.
The ETF reversal comes amid crypto markets showing resilience after a mid-September pullback. Bitcoin trades around $114,00 at the time of writing — a 2.1% gain over the past 24 hours, according to The Block's price page . This follows a brief dip from a high of $115,970 earlier in the month. Ethereum also posted a 3% gain, changing hands at $4,178, and rebounding above $4,000 for the first time in days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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