Bitcoin and Ethereum ETFs Attract Combined $281 Million as Institutional Demand Rebounds
U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) rebounded on Monday, September 14, after a week of heavy outflows. The combined net inflows reached $281 million.
The recovery came as Bitcoin prices stabilized around $77,500-$78,000, following a modest gain from its recent low below $80,000.
Bitcoin ETFs attracted $159.9 million in net inflows, marking a significant reversal from the previous week's outflows of over $462.7 million. BlackRock's iShares Bitcoin Trust led the category with $134.3 million of net inflows, accounting for approximately 84% of the total.
Ethereum ETFs also experienced broad demand, drawing in $121.1 million. BlackRock's ETHA fund contributed $80.5 million to this figure, while its newer staking-enabled ETHB added $14.4 million.