BTC and ETH Spot ETFs See Surge in Net Inflows Amid Rising Crypto Markets
Bitcoin and Ethereum spot ETFs have seen significant net inflows in recent days. According to SoSoValue data, on September 21, Bitcoin spot ETFs recorded a net inflow of $999 million, marking the third consecutive day of net inflows into these funds.
The BlackRock-managed IBIT fund saw the highest daily net inflow, with $381 million added in one day. This brings its total net inflow since inception to $64.506 billion. ARKB, issued by Ark Invest and 21Shares, came in second place with a net inflow of $289 million.
The cumulative net inflows into Bitcoin spot ETFs have reached $56.160 billion, with the total net asset value at $110.135 billion. This represents 6.3% of Bitcoin's total market capitalization.
Ethereum spot ETFs also saw a significant influx of funds, with a total net inflow of $270 million on September 21. BlackRock's ETHA fund had the highest daily inflow among Ethereum ETFs, with $110 million added in one day. This brings its historical total net inflow to $13.067 billion.
The total net asset value of Ethereum spot ETFs is $17.817 billion, representing 5.24% of the total market capitalization. The cumulative net inflow into these funds has reached $13.520 billion.