Sep 17, 2024
SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on September 16, 2024
The US Spot ETF Net Inflows on September 16, 2024, are recorded at +$12.8M for BTC and -$9.4M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: +$12.8M
- The net flow of US BTC ETFs dropped sharply from $263M last week to $12.8M yesterday as the Bitcoin price declined over the weekend.
- Nonetheless, BlackRock's iShares Bitcoin Trust (IBIT) finally saw an inflow again after 13 days of non-positive net flows.
- The cumulative total net inflow after 171 trading days now stands at $17.31B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: -$9.4M
- The net flow turned negative again.
- The cumulative total net inflow after 39 trading days now stands at -$591M.
Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.