BlackRock's IBIT was the only spot Bitcoin ETF to record net inflows on Sept. 17, helping the group post $159 million in total net inflows. The figures are for the U.S. session through 4 p.m. ET.
Why it matters
The daily flow split shows continued demand for spot Bitcoin exposure alongside weaker sentiment toward Ethereum products. IBIT supplied the entire net inflow recorded across spot Bitcoin ETFs that day.
Market impact
Spot Ethereum ETFs recorded $39.2445 million in net outflows, extending their withdrawal streak to three consecutive days. The contrast leaves Bitcoin ETF flows positive while Ethereum ETF flows remain under pressure.
Frequently asked questions
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Which Bitcoin ETF recorded net inflows on Sept. 17?
BlackRock's IBIT was the only spot Bitcoin ETF to record net inflows on Sept. 17.
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How much did spot Bitcoin ETFs receive in total inflows?
Spot Bitcoin ETFs recorded $159 million in total net inflows on Sept. 17.
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How much did spot Ethereum ETFs lose?
Spot Ethereum ETFs recorded $39.2445 million in net outflows on Sept. 17.
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How long had Ethereum ETF outflows continued?
The $39.2445 million outflow extended the spot Ethereum ETF withdrawal streak to three consecutive days.
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What did the ETF flows indicate about Bitcoin and Ethereum demand?
The flows showed positive demand for spot Bitcoin exposure alongside continued withdrawals from spot Ethereum products.
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