U.S. Spot ETF Update: Bitcoin ETF Drops $52.7M, Ethereum ETF Loses $9.8M!

The post U.S. Spot ETF Update: Bitcoin ETF Drops $52.7M, Ethereum ETF Loses $9.8M! appeared first on Coinpedia Fintech News

On 18th September, only Grayscale’s “BTC” recorded a positive flow of $2.7M. Notably, 7 ETFs including Blackrock, Fidelity, and VanEck have recorded a neutral flow. Further, ARK’s “ARKB” recorded the highest outflow of $43.4M, followed by Grayscale’s “GBTC” with $8.1M, and Bitwise’s “BITB” with $3.9M. With an outflow of $52.7M, the Bitcoin ETF broke its inflow streak of 4 days. The ETH ETF has recorded a similar action with 8 out of 9 ETFs recording a non-positive flow. With Grayscale’s “ETHE” continuing its outflow streak, the ETF concluded the day with an outflow of $9.8M.