CandleFocus Spot Bitcoin ETFs see four straight days of inflows, surpassing $1.6b, Ether ETFs rebound
2024-10-17
Author: Content Editor
Spot Bitcoin ETFs in the U.S. continue to see net inflows for the fourth consecutive day, with over $1.63 billion accumulated over this period. BlackRock's IBIT remains dominant, with the highest net inflow for the second day in a row. Other major players such as Fidelity, Bitwise, Franklin Templeton, and Ark 21Shares also contributed to the surge in inflows. Meanwhile, Grayscale is preparing to launch the first ETF that holds multiple cryptocurrencies, including Bitcoin, Ether, Solana, and XRP. U.S. spot Bitcoin ETFs have now surpassed $20 billion in net inflows, while spot Ether ETFs reversed course with net positive flows of $24.22 million.
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