6 days
SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on September 11, 2024
Outflow
The US Spot ETF Net Inflows on September 11, 2024, are recorded at -$43.9M for BTC and -$0.5M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: -$43.9M
- The net flow turned negative again after 2 days with inflows.
- BlackRock's iShares Bitcoin Trust (IBIT) saw another $0 net flow. Overall, this major US BTC ETF has had non-positive flows for 11 consecutive days.
- Otherwise, Fidelity Wise Origin Bitcoin Fund (FBTC) has led the inflow leaderboard for 3 days in a row.
- The cumulative total net inflow after 168 trading days now stands at $16.99B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: -$0.5M
- The net flow also fell back to the negative side.
- Yesterday’s flow volumes were very weak, with none of the US ETH ETFs having a flow volume of over $2M.
- The cumulative total net inflow after 36 trading days now stands at -$563M.
Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.