Sign in

Token BTC
Token ETH

4 hours

SOC logo

SOC Team

US Bitcoin and Ethereum ETF Net Inflows Update on October 17, 2024

Inflow

The US Spot ETF Net Inflows on October 17, 2024, are recorded at +$470.5M for BTC and +$48.4M for ETH.

 

Fig 1. The US Bitcoin and Ethereum ETF inflows.

 

1. Key statistics for 11 Bitcoin Spot ETFs: +$470.5M

  • The net flow has maintained a strong positive of over $250M for 5 consecutive trading days.
  • BlackRock's iShares Bitcoin Trust (IBIT) added another 4,619 BTC ($309M) to its holdings yesterday, having led the inflow leaderboard for 3 days in a row.
  • The cumulative total net inflow after 194 trading days now stands at $20.7B.

 

Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.

 

2. Key statistics for 9 Ethereum Spot ETFs: +$48.4M

  • The net flow remained positive for the second day in a row, breaking the alternative pattern in the previous 6 trading days.
  • Fidelity Ethereum Fund (FETH) had the largest inflow yesterday at $31.1M, followed by BlackRock's iShares Ethereum Trust (ETHA) with $23.6M.
  • Meanwhile, Grayscale Ethereum Trust (ETHE) saw an outflow of $15.7M.
  • The cumulative total net inflow after 62 trading days now stands at -$474M.

 

Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.

#eth
#ethereum
#ethereum etf
#eth etf
#bitcoin
#btc
#etf
#bitcoin etf
#daily net total inflow
#blackrock
#grayscale
#positive