While BTC ETFs Record 6-Day Highest Inflows, ETH ETFs Are in Distress

Ether (ETH) exchange-traded funds (ETFs) in the US recorded zero flows for the second time since their listing in July, according to data obtained by SoSoValue.

Bitcoin (BTC) ETFs saw the highest inflow since September 27, gaining a net value of $ 235.2 million. Fidelity’s product FBTC led the gains with $103.7 million, while BlackRock’s fund IBIT raised $97.9 million.

In contrast, nine ether ETFs recorded zero flows in either direction as on August 30.

Bitcoin ETFs have seen inflows of around $18.75 billion since they were listed in January, while their ether equivalents have lost $500 million since launching in July.