Spot bitcoin exchange-traded funds in the US had a net inflow of $158.21 million before Thursday’s outflow of $52 million. Ark Invest and 21Shares’ ARKB received the most inflows, with $81.07 million.
Fidelity’s FBTC recorded net inflows of $49.88 million, while Bitwise’s BITB had positive flows of $10.36 million. Grayscale’s Bitcoin Mini Trust received $9.54 million in inflows and Franklin Templeton’s EZBC received $7.35 million.
U.S. Bitcoin funds have had a net inflow of $17.60 billion since January, with $1.44 billion in total daily transaction activity on Thursday. Spot ether ETFs recorded net inflows of $5.24 million, with all money coming from BlackRock’s ETHA fund.
Total daily trading volume for ether funds increased to $250.84 million from $221.88 million on Wednesday. U.S. Ethereum ETFs have lost $610.35 million since their inception in July. Bitcoin’s price is currently challenging the 200-day simple moving average (SMA), indicating a robust short-term rising trend.
