Spot Bitcoin Exchange-Traded Funds

Spot bitcoin exchange-traded funds (ETFs) in the U.S. had a significant $192.56 million in positive flows on Thursday.

BlackRock’s IBIT reported the largest inflow with $157.6 million, based on data from SoSoValue. WisdomTree’s BTCW was Thursday’s standout performer, attracting $118.52 million—its highest inflow ever and more than ten times its previous peak on Wednesday.

This was followed by net inflows of $65.25 million from Fidelity’s FBTC and $32.79 million from Ark Invest and 21Shares’ ARKB. VanEck’s HODL also experienced $3.38 million in net inflows.

In contrast, Grayscale’s converted GBTC fund saw substantial net outflows on Thursday, totaling $182.94 million, while Hashdex’s spot bitcoin fund experienced $2.03 million in outflows.

The total trading volume for spot bitcoin ETFs on Thursday was $2 billion, compared to $1.79 billion the day before. Since their launch in January, these 12 funds have accumulated a total net inflow of $17.43 billion.

Ether ETFs See Minimal Outflows

On the same day, spot Ethereum (ETH) ETFs in the U.S. saw nearly equal inflows and outflows, resulting in a total net outflow of $2.87 million.

BlackRock’s ETHA recorded $11.74 million in net inflows, while Grayscale’s mini trust received $5 million in inflows. Bitwise’s ether fund also reported net inflows of $2.78 million. However, these were countered by net outflows of $19.83 million from Grayscale’s ETHE and outflows of $2.58 million from Fidelity’s Ethereum ETF.

Total daily trading volume for ether ETFs reached $338.49 million yesterday, with these funds experiencing $390.23 million in net outflows since their launch on July 23.

Bitcoin (BTC) price gained 6.93% in the past 24 hours, reaching $60,837, and ether rose 9.72% to $2,662, according to The Block’s crypto price page.