Bitcoin ETFs Record Positive Inflows – What’s Happening With Ethereum ETFs?
Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. recorded net inflows of $194.6 million on Tuesday, reversing Monday's outflows.
According to Farside, BlackRock’s IBIT led the positive results with $157.6 million raised, followed by Wisdomtree’s BTCW with $118.5 million and Fidelity’s FBTC with $65.2 million.
The ARK 21Shares Bitcoin ETF (ARKB) also saw inflows of $32.8 million.
READ MORE:
Buterin Unveils Bold Vision to Transform Ethereum Layer-2 InteroperabilityOn the other hand, spot Ethereum ETFs saw slight outflows, with total outflows amounting to $2.9 million.
The largest inflow was recorded by BlackRock’s ETHA, which saw $11.7 million, while the largest outflow was recorded by Grayscale’s ETHE at $19.8 million.
Grayscale’s mini trust (ETH) posted the second-best results of the day, attracting $5 million, followed by Bitwise’s ETHW with $2.8 million.
Grayscale’s ETHE, on the other hand, experienced the weakest outflow since its inception, with only $39.7 million leaving the fund, a significant decrease from the $484 million it registered at launch.
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.
You may also like
Wall Street Adds Another Lululemon (LULU.US) Short Seller! After an 81% Plunge from its Peak, BMO Warns Tough Times Are Still Ahead
BMO Capital Markets believes that Lululemon’s turnaround from losses will not be swift or easy. The sportswear company is handing over market share to competitors, and the decline in sales continues to deepen.
PENGU Drops 7.5% as Memecoin Selloff Puts Key Support at Risk
Liquid Network restarts after $320M hack, but peg-outs remain frozen — What’s happening?
Crypto prices
More
