• 17 October, 2024
ETF News

BTC and ETH Spot ETFs See $552M Inflow, 7-Day Streak Holds

Bitcoin spot ETFs saw a net inflow of $494 million on September 27, marking the seventh consecutive day of positive inflows, according to SoSoValue data. Ark Invest and 21Shares led the charge with $203 million, while Fidelity followed with a $124 million inflow. Ethereum spot ETFs also experienced a $58.6 million net inflow, with Fidelity's FETH taking in $42.5 million. The total net asset value of Bitcoin spot ETFs now stands at $61.21 billion, representing 4.71% of Bitcoin's market cap, while Ethereum spot ETFs hold a net asset value of $7.44 billion.

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