On Thursday, spot bitcoin ( BTC) and ether ( ETH) exchange-traded funds (ETFs) enjoyed positive inflows during the day’s trading.
Spot Crypto ETFs: Big Gains for Some, Losses for Others—Here’s the Full Breakdown
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Crypto ETF Inflows Jump
The spot crypto ETFs managed to land in positive territory on Oct. 24. Across 12 bitcoin ETFs, sosovalue.xyz data shows inflows totaled $188.11 million, with Blackrock’s IBIT taking the lead, capturing $165.54 million. Bitwise’s BITB followed, pulling in $29.63 million. Countering these gains, Grayscale’s GBTC saw a loss of $7.05 million.
The remaining spot bitcoin funds were neutral, showing neither gains nor losses. This $188.11 million boost brings their cumulative net inflows since Jan. 11 to $21.53 billion. Approximately $1.46 billion traded on Thursday, and, as of Friday, Oct. 25, the fund stands at $66.09 billion, representing 4.9% of all circulating BTC. Alongside bitcoin funds, ethereum counterparts also reported gains.
ETH ETFs recorded $2.3 million in positive inflows, with Blackrock’s ETHA as the sole fund in the green. The other funds closed Thursday with no notable shifts. About $113.25 million traded on these nine ETFs, which now collectively hold $7.01 billion in ether, securing 2.3% of ETH’s total market cap according to sosovalue.xyz metrics.
