Oct 12, 04:01
SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on October 11, 2024
The US Spot ETF Net Inflows on October 11, 2024, are recorded at +$253.6M for BTC and -$0.1M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: +$253.6M
- The net flow rebounded strongly on the last trading day of the week, after 3 days with outflows.
- The total flow for BTC ETFs this week is +$348.7M, with inflows on 2 out of 5 trading days.
- BlackRock's iShares Bitcoin Trust (IBIT) saw the largest inflow of the week with $140.7M, adding a net 2,229 BTC to its holdings.
- The cumulative total net inflow after 190 trading days now stands at $18.84B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: -$0.1M
- The net flow turned slightly negative after one day with inflow.
- The total flow for ETH ETFs this week is +$1.9M, with an inflow on 1 out of 5 trading days.
- The cumulative total net inflow after 58 trading days now remains at -$551M.
Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.