September 30, 07:31
Ethereum ETFs end 7-day inflow streak as Bitcoin ETF inflows continue
Ethereum ETFs Snap 7-Day Inflow Streak as Bitcoin Funds Keep Buying
Beincrypto
US spot Ethereum ETFs recorded $2.81 million in net outflows on September 29, ending a 7-day inflow streak. The streak brought roughly $850.8 million into the funds. US spot Bitcoin ETFs took in $66.19 million that day, extending their inflow run to 9 sessions. SoSoValue data puts the start of the Ethereum ETF streak on September 18. Three earlier sessions of outflows had withdrawn about $404.8 million from the funds between September 15 and 17. Ethereum ETFs drew $269.98 million on September 21, their largest daily inflow during the streak. Daily inflows fell to $17.1 million by September 28. The funds added $689.88 million in the week ending September 25, their biggest weekly inflow since late August. BlackRock's ETHA recorded the largest outflow on September 29 at $8.94 million. Grayscale's Ethereum Mini Trust took in $12.83 million that day. BeInCrypto Markets data showed ETH at $2,673.54 at press time, down 3.32% over 7 days. ETH gained 0.41% over the past 24 hours. Bitcoin fell 3.78% over the week to $83,359. Bitcoin ETFs gathered roughly $3.08 billion during their 9-session inflow streak. Ethereum ETFs hold $17.79 billion in net assets, equal to 5.45% of Ethereum's market capitalization. The funds attracted $979.69 million in net inflows over the past 30 days. They opened this week with $14.29 million in net inflows.
This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.