Bitcoin ETFs Bask in $159M Inflow While Ethereum ETFs See Continued Outflow
US Bitcoin ETFs experienced net inflows of approximately $159.45 million on September 17th, marking another day of positive fund flows after a one-day hiatus.
The largest inflow occurred in BlackRock's IBIT fund, with a net inflow of $183.66 million, while Fidelity's FBTC fund saw a net outflow of $16.64 million and VanEck's HODL fund experienced a net outflow of $7.57 million.
In contrast to the positive inflows from Bitcoin ETFs, US spot Ethereum ETFs continued their streak of net outflows, with approximately $39.24 million withdrawn on September 17th.