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Bitcoin ETFs Rebound with $39M Inflow, Ethereum ETFs See $20M Outflow

DATE POSTED:September 13, 2024

The post Bitcoin ETFs Rebound with $39M Inflow, Ethereum ETFs See $20M Outflow appeared first on Coinpedia Fintech News

On September 12th, the US spot Bitcoin and Ethereum ETFs delivered polarizing results. Bitcoin Spot ETFs recorded a positive net flow of $39M, reflecting a minor recovery run after a long streak of outflows. However, no ETFs could surpass the barrier of $20M in inflows.

In contrast, Ethereum ETFs faced a second consecutive day of losses. The biggest altcoin ETFs had a net outflow of $20M, driven primarily due to Grayscale’s ETHE.