Daily ETF Flow Report (September 9): Bitcoin Hits $23M Inflows, Ethereum Rebounds After Six Days
The post Daily ETF Flow Report (September 9): Bitcoin Hits $23M Inflows, Ethereum Rebounds After Six Days appeared first on Coinpedia Fintech News
On September 9, Spot Bitcoin ETFs recorded $23.05 million in total net inflows, driven by $169 million from BlackRock’s IBIT. Spot Ethereum ETFs turned positive with $44.16 million in inflows after six straight days of outflows.
Bitcoin ETF Breakdown
The Bitcoin net inflow is $23.05 million, led by BlackRock’s IBIT $169.31 million in net inflows. This was partially offset by $55.81 million inflows into Fidelity’s FBTC, $72.9 million into Ark & 21Shares ARKB, and $18.15 million in Bitwise BITB.
Total trading volume reached $3.03 billion, with overall net assets falling to $144.30 billion, representing 6.50% of Bitcoin’s market cap, according to SoSoValue.
IBIT continues to dominate daily flows with net assets of $83.72 billion and trading volume of $2.29 billion. None of the twelve ETFs recorded a net outflow.
Ethereum ETF Breakdown
Ethereum ETFs recorded a net inflow of $44.16 million, entirely driven by BlackRock’s ETHA.
Total trading volume reached $1.28 billion, while overall net assets fell to $27.39 billion, representing 5.27% of Ethereum’s market cap. This was a decline from yesterday’s $96.69 million inflow, when trading volume was $1.52 billion.
ETHA is currently the only Ethereum ETF leading daily flows, with net assets of $15.76 billion and $883.30 million in total transactions. None of the nine ETFs experienced a net outflow.
Market Context
Bitcoin trades at $111,567, with a market capitalization above $2 trillion, while Ethereum trades around $4,302.44, with a market cap of $590.80 billion. Ethereum’s trading volume today dropped to $27.33 billion, while Bitcoin remains strong at $43.765 billion.
Institutional activity in both cryptocurrencies continues to be driven by growing adoption and interest in spot ETFs.
XRP Falls Out of 100M Payments Club – Top Reasons Explained
The post XRP Falls Out of 100M Payments Club – Top Reasons Explained appeared first on Coinpedia Fin...
Polygon Finality Faces Temporary Delay
The post Polygon Finality Faces Temporary Delay appeared first on Coinpedia Fintech NewsPolygon Fou...
MNT Price Rallies 20% as Bybit Expands Trading Pairs: Is 200% Rise Next?
The post MNT Price Rallies 20% as Bybit Expands Trading Pairs: Is 200% Rise Next? appeared first on ...