Crypto Spot ETFs Boom: All Four Major Assets See Net Inflows on September 28
Crypto spot ETFs experienced a synchronized surge on September 28, with Bitcoin, Ethereum, Solana, and XRP products all recording net inflows.
The combined total for these four assets came to roughly $65 million in net inflows. The day's figures were led by Bitcoin, which saw $31.07 million in net inflows. This was the lowest single-day figure for Bitcoin ETFs during that month.
Ethereum followed closely behind with $17.10 million in net inflows, while Solana and XRP brought up the rear with $12.70 million and $3.96 million respectively.
The cumulative picture is more impressive, however. Bitcoin spot ETFs have absorbed a staggering $57.58 billion in total net inflows since launching in January 2024. This represents 6.42% of Bitcoin's entire market cap sitting inside regulated ETF wrappers.