WuBlockchain
U.S. spot Bitcoin ETFs drew $66.19 million in net inflows on Sept. 29, led by BlackRock's IBIT with $51.09 million. Spot Ether ETFs recorded a $2.81 million net outflow, while Grayscale's Ethereum Mini Trust attracted $12.83 million.
Why it matters
The day's flows diverged across the two largest crypto ETF categories. Bitcoin funds posted a net gain, while Ether funds ended in outflow despite positive demand for one product.
Market impact
IBIT accounted for most of the reported Bitcoin ETF inflows. Within Ether funds, the Mini Trust's $12.83 million inflow was outweighed by outflows elsewhere, leaving the category down $2.81 million overall.
Frequently asked questions
-
How much did U.S. spot Bitcoin ETFs receive in net inflows?
U.S. spot Bitcoin ETFs recorded $66.19 million in net inflows on Sept. 29.
-
Which Bitcoin ETF led the reported inflows?
BlackRock's IBIT led with $51.09 million in net inflows.
-
Why did Ether ETFs report an outflow despite the Mini Trust's gains?
Grayscale's Ethereum Mini Trust attracted $12.83 million, but outflows from other Ether ETFs left the category with a $2.81 million net outflow.
-
How much did the Ethereum Mini Trust attract?
Grayscale's Ethereum Mini Trust attracted $12.83 million.
-
What was the contrast between Bitcoin and Ether ETF flows?
Bitcoin ETFs recorded $66.19 million in net inflows, while spot Ether ETFs had a $2.81 million net outflow.
CoinTelegraph
CryptoSlate
TheBlock
Lookonchain
Crypto News
Glassnode