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SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on September 19, 2024
Inflow
The US Spot ETF Net Inflows on September 19, 2024, are recorded at +$158M for BTC and +$5.2M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: +$158M
- The net flow bounced back to be strongly positive, with no outflows, on the day following the Fed's 50-basis-point (0.5%) interest rate cut.
- BlackRock's iShares Bitcoin Trust (IBIT), nonetheless, has been experiencing stagnant flows for the past 17 trading days.
- The cumulative total net inflow after 174 trading days now stands at $17.6B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: +$5.2M
- The net flow also turned positive again after 3 days of outflows.
- Only BlackRock's iShares Ethereum Trust (ETHA) saw a flow yesterday.
- The cumulative total net inflow after 42 trading days now stands at -$610M.
Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.