Bitcoin exchange-traded funds in the US recorded a significant jump in inflow, while Ether ETF showed signs of recovery after three days of weak flow.
As data From Sosowale, 12 spot bitcoin ETFS flowed on 19 January at $ 588.22 million. On January 30, a jump of about 540% leap from the flow recorded on the previous day. Blackrock’s Ibit once again took an edge as the fund attracted $ 321.5 million into the flow from investors.
Fedibility’s FBTC chased with an influx of $ 209.14 million, while Bitwiz’s bitb and Arch 21Shares’s Arkb saw an influx of $ 22.98 million and $ 12.64 million.
In particular, none of the BTC ETFs experienced outflow during the day. The following BTC ETF also contributed to positive speed:
- Ezbc of Franklin Templeton: $ 6.11 million.
- Hodal of Vanak: $ 5.97 million.
- Invesco Galaxy’s Btco: $ 5.24 million.
- Grassscale’s mini bitcoin trust: $ 4.65 million.
The total trading volume of these investment products was $ 2.94 billion, while the cumulative total net flow overtook $ 40 billion for the first time after their launch. The BTC ETF now holds a total of 5.94% of the total BTC supply of $ 123.43 billion.
At the press time, bitcoin (BTC) was 0.8% below the previous day, exchanging hands at $ 104,267 per coin.
Ether eTF bounce back
Nine Etharium ETF also flipped for flow on 30 January $ 67.77 million Entering the funds, eliminating the negative speed of three days, during which $ 141.07 million got out of the fund in two days.
Blackrock’s Etha led the Inflow, in which investors put $ 79.86 million in the fund. Fidelity’s Faith recorded an influx of $ 15.41 million, while Grassscale’s Mini Etherium Trust attracted $ 12.79 million.
Grassscale’s Ethe Fund was the only exterior of the day, which reported a outflow of $ 40.29 million, which offers a significant part of the flow. The remaining five atherium ETF remained neutral. Meanwhile, the total trading volume for these investment vehicles was $ 306.99 million, with a total net flow to $ 2.73 billion.
In the last 24 hours, Ethereum (Eth) has increased by 1.5%, trading at $ 3,248 per coin.
