On Wednesday, exchange-traded funds (ETFs) in the United States reported a net inflow of $105.9 million, marking the fifth consecutive day of positive net inflow activities.
According to Farside, BlackRock’s IBIT, which is the biggest Bitcoin exchange-traded fund (ETF) in terms of net asset size, experienced daily net inflows of $184.4 million yesterday. Bitwise’s BITB was the only other exchange-traded fund (ETF) that brought in new money on Wednesday, bringing in $2.1 million.
On the other hand, Ark Invest and 21Shares’ ARKB had net withdrawals of $47.4 million on Wednesday. Additionally, Fidelity’s FBTC experienced outflows of $33.2 million. The remaining eight funds, including Grayscale’s GBTC, did not disclose any net inflows or withdrawals over the duration of the day.
On Wednesday, spot Ethereum exchange-traded funds (ETFs) also reported net inflows, which amounted to $43.2 million. When it came to favorable inflows of $26.6 million, the Grayscale Ethereum Mini Trust was at the forefront of developments.
After Fidelity’s FETH, which brought in $6.4 million, BlackRock’s ETHA brought in $9.4 million in net inflows on the other hand. Furthermore, 21Shares’ CETH had a positive influx equal to around $0.8 million, which was the first positive inflow since the 31st of July.
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