Oct 11, 04:05
SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on October 10, 2024
The US Spot ETF Net Inflows on October 10, 2024, are recorded at -$81.1M for BTC and +$10.1M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: -$81.1M
- The net flow has been negative for 3 consecutive trading days and shows signs of worsening.
- No BTC ETFs saw inflows yesterday. In particular, 4 out of the 5 major BTC ETFs, including BlackRock's iShares Bitcoin Trust (IBIT), saw outflows.
- The cumulative total net inflow after 189 trading days now stands at $18.59B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: +$10.1M
- The net flow rebounded strongly after 3 days with stagnant, non-positive flows.
- BlackRock's iShares Ethereum Trust (ETHA) was the only ETF among all 20 BTC and ETH ETFs to see an inflow yesterday
- The cumulative total net inflow after 57 trading days now stands at -$551M.
Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.