Crypto ETFs Surge Amid Macro Pressures

Crypto ETFs experienced significant inflows on September 14, coinciding with elevated bond yields and rising crude oil prices. The day saw $160 million flow into spot Bitcoin ETFs, led by BlackRock's IBIT contributing $134.3 million. Fidelity's FBTC added another $53.3 million to the total.

Ethereum ETFs also attracted substantial inflows, with BlackRock's offerings driving the $121 million haul. Cumulative inflows into spot BTC ETFs have now reached $55.31 billion, pushing total assets under management to $100.09 billion.

Solana's ETF story is still in its early stages, but the $11 million inflow on September 14 brought cumulative inflows to roughly $1.37 billion. The Solana category has seen mixed patterns recently, with some days experiencing outflows and others seeing gains.