US Spot Bitcoin ETFs See $4.56M in Inflows

On Monday, US spot Ethereum exchange-traded funds saw a net outflow of $79.21 million, the largest daily outflow since July 29.

Data from SoSoValue showed that the Grayscale Ethereum Trust (ETHE) had the largest outflow of $80.55 million on the same day, the most since July 31.

It was the only spot Ether ETF to record outflows. Bitwise’s ETHW reported net inflows of $1.34 million, while the seven other spot Ether ETFs saw zero flows.

Total trading volume for these nine ETFs reached $167.35 million on Monday, an increase from $139.47 million on Friday.

In contrast, spot Bitcoin ETFs in the US recorded a net inflow of $4.56 million on Monday, continuing a three-day streak of inflows.

Fidelity’s FBTC had the largest inflow with $24.93 million, followed by BlackRock’s IBIT with $11.54 million and Grayscale’s BTC with $8.42 million.

However, Grayscale’s GBTC had a net outflow of $40.33 million after recording no flows in the previous two trading days. GBTC was the only spot Bitcoin ETF to see outflows on Monday.