Bitcoin ETFs in the U.S. have demonstrated strong performance with a total of $105.84 million in net inflows over the past five days. On Wednesday, BlackRock’s IBIT, the largest Bitcoin ETF by net assets, reported remarkable daily net inflows of $184.38 million, according to data from SoSoValue. The only other fund with inflows was Bitwise’s BITB, which saw an inflow of $2.07 million.
In contrast, Ark Invest and 21Shares’ ARKB encountered $47.41 million in net outflows on Wednesday, alongside $33.19 million in outflows from Fidelity’s FBTC. The remaining eight funds, including Grayscale’s GBTC, reported no flows for the day.
The twelve spot Bitcoin funds recorded a total daily trade volume of $795.88 million, a decrease from Tuesday’s $1.11 billion. Since their launch in January, these ETFs have accumulated a total net inflow of $17.94 billion.
Spot Ether ETFs also saw positive movement with net inflows totaling $43.23 million. Grayscale Ethereum Mini Trust led these inflows with $26.63 million. Additionally, BlackRock’s ETHA and Fidelity’s FETH added $9.38 million and $6.45 million respectively. Notably, 21Shares’ CETH recorded inflows of approximately $774,100, marking its first positive movement since July 31.
On Wednesday, the nine Ether ETFs had a total trade volume of $124.18 million. Since their launch in July, these funds have experienced total net outflows of $580.94 million. In related news, the U.S. Securities and Exchange Commission has postponed its decision regarding the listing and trading options for BlackRock, Bitwise, and Grayscale’s Ethereum ETFs, now scheduled for November.
In market activity, Bitcoin's price dipped by 0.99% over the last 24 hours, settling at $63,565, while Ether's price fell by 0.58% to $2,610.
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