In the last 24 hours, Bitcoin (BTC) has surged by around 5%, reaching the $61,000 mark. This rally has spurred significant interest in Bitcoin exchange-traded funds (ETFs). Of the 11 Bitcoin ETFs available, 7 have seen positive inflows, totaling $186.8 million over the past four days.
Notably, Fidelity’s “FBTC” led with an impressive $56.6 million inflow, followed by Bitwise’s “BITB” with $45.4 million. Other gainers include ARK, VanEck, Invesco, Franklin, and WisdomTree, with inflows ranging from $3.2 million to $42.2 million each.
The surge in Bitcoin ETF interest is staggering. On September 17, these ETFs experienced a 13-fold increase in net inflows, reaching $186.76 million—up from just $12.9 million the previous day.
Fidelity’s FBTC has now seen $279.7 million in inflows over the last seven days. Bitwise’s BITB and ARK Invest’s ARKB also reported substantial inflows.
Meanwhile, Ethereum (ETH) ETFs are experiencing a different trend. On September 17, the nine U.S.-based Ethereum ETFs faced outflows totaling $15.11 million for the second day in a row.
Most of these outflows came from Grayscale’s ETHE, which saw $17.9 million exit its fund. In contrast, the Grayscale Ethereum Mini Trust gained $2.8 million, offering some relief.
Despite these mixed results, Bitcoin’s strong performance continues, with BTC trading at $60,348, up 3.2% in the last day. Ethereum has also seen a modest increase, trading at $2,327, up 1.3%. The trading volumes for both Bitcoin and Ethereum ETFs have risen sharply, reflecting growing investor interest and market activity.
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