BTC, ETH Spot ETFs See Record Inflows Amid Market Volatility

Bitcoin spot ETFs have attracted nearly $1 billion in investments over the past week, marking another impressive performance. The funds saw net inflows of $924.48 million after a net outflow of $236 million on September 1. This brings the cumulative net inflows to $55.62 billion, up from $51.79 billion in mid-August.

BlackRock's IBIT remains the top-performing ETF with over $62.6 billion in assets under management, followed by Fidelity's FBTC and Grayscale's GBTC with $14.07 million and $10.36 billion respectively.

The Ethereum spot ETFs have also seen significant gains, recording net inflows of $824.42 million in the week ending August 28 and another $218.41 million in the first week of September.