The US Spot ETF Net Inflows on October 16, 2024, are recorded at +$458.7M for BTC and +$24.2M for ETH.

Fig 1. The US Bitcoin and Ethereum ETF inflows.

1. Key statistics for 11 Bitcoin Spot ETFs: +$458.7M

• The net flow has been strongly positive for 4 consecutive trading days and has not seen any outflows for 3 days.
• BlackRock's iShares Bitcoin Trust (IBIT) has led the inflow leaderboard for 2 days in a row, adding a total of 10,125 BTC ($682M). Currently, this ETF holds 380,971 BTC ($25.7B).
• The cumulative net inflow finally surpasses the $20B benchmark after 193 trading days, now standing at $20.22B.

Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.

2. Key statistics for 9 Ethereum Spot ETFs: +$24.2M

• The net flow turned strongly positive again. It has been alternating between negative and positive for the past 6 days.
• No ETH ETFs saw outflows yesterday.
• In particular, BlackRock's iShares Ethereum Trust (ETHA) led with a $11.9M inflow, followed by Fidelity Ethereum Fund (FETH) with $8.5M.
• The cumulative net inflow after 61 trading days now stands at -$523M.

Fig 3. 30-Day Net Inflow of 9 Ethereum ETFs.