Bitcoin ETFs Breathe Sigh of Relief as Ether Funds Snap Inflow Streak
Bitcoin ETFs narrowly avoided their second consecutive negative week after investors poured $433 million into the funds on Friday, Sept. 18.
The influx left a net inflow of $6.2 million for the week, a modest figure compared to the previous week's $462.7 million in outflows.
Fidelity's FBTC fund led the charge with $310.7 million in inflows, followed closely by BlackRock's IBIT at $108.4 million.
However, not all bitcoin funds were fortunate - ether funds suffered a four-week streak of inflows ending last week after posting a $140 million weekly outflow.