The US Spot ETF Net Inflows on September 23, 2024, are recorded at +$4.5M for BTC and -$79.3M for ETH.

Fig 1. The US Bitcoin and Ethereum ETF inflows.

1. Key statistics for 11 Bitcoin Spot ETFs: +$4.5M

• The net flow has remained positive for the 3 consecutive trading days, but yesterday's flow volume was significantly lower than the previous 2 days.
• BlackRock's iShares Bitcoin Trust (IBIT) saw a $11.5M inflow again after 4 days with $0 net flows.
• The cumulative total net inflow after 176 trading days now stands at $17.7B.

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

2. Key statistics for 9 Ethereum Spot ETFs: -$79.3M

• The ETH ETFs just experienced the largest single-day net outflow since July 29!
• The net flow turned negative again after only 2 days of inflows.
• Grayscale Ethereum Trust (ETHE) saw a massive outflow of $80.6M, the largest outflow in the past 37 trading days.
• Among other ETFs, only the Bitwise Ethereum ETF (ETHW) had a small inflow of $1.3M.
• The cumulative total net inflow after 44 trading days now stands at -$687M.

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