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US Bitcoin and Ethereum ETF Net Inflows Update on October 3, 2024

Outflow

The US Spot ETF Net Inflows on October 3, 2024, are recorded at -$54.3M for BTC and -$3.3M for ETH.

 

Fig 1. The US Bitcoin and Ethereum ETF inflows.

 

1. Key statistics for 11 Bitcoin Spot ETFs: -$54.3M

  • The net flow has been negative but improving over the last 3 trading days.
  • BlackRock's iShares Bitcoin Trust (IBIT) had an inflow of 592 BTC ($35.9M) again after one day with an outflow.
  • ARK 21Shares Bitcoin ETF (ARKB), on the other hand, has had outflows for 4 consecutive days.
  • The cumulative total net inflow after 184 trading days now stands at $18.47B.

 

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

 

2. Key statistics for 9 Ethereum Spot ETFs: -$3.3M

  • The net flow turned slightly negative again after one day with an inflow.
  • BlackRock's iShares Ethereum Trust (ETHA) continued to lead on the second day with an inflow of $12M. However, this could not outweigh the $14.7M outflow from Grayscale Ethereum Trust (ETHE).
  • Other ETFs continued to see either $0 or negligible net inflows.
  • The cumulative total net inflow after 52 trading days now stands at -$561M.

 

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

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