The crypto-related ETFs have dominated the year-to date flows of nearly 400 funds launched in this year. 13 of these 25 funds are index to Bitcoin.BTCEthereum (ETH).
According to the breakdown, four of the largest funds were spot Bitcoin ETFs that are traded in US. They have registered more than $2 billion year-to date in flows. shared Nate Geraci is the CEO of The ETF Store.
IBIT is the dominant flow for year to date
BlackRock’s iShares Bitcoin Trust (ETF)IBITThe number of billions is close to 21. Fidelity’s FBTC As the world moves towards $10 billion, ARK 21Shares’ ARKB The following are some examples of how to get started: Bitwise’s BITB The top four are rounded out by $2.3 billion inflow and $2 billion respectively.
BlackRock’s iShares Ethereum Trust, (ETHAInflows to the fund have exceeded $1 billion and it is now the seventh largest exchange-traded funds in terms flows for this year.
VanEck’s Bitcoin ETF HODL It is the 11th-largest fund with an inflow of $581 Million. Valkyrie’s BRRR ProShares BITU is the 15th-largest with inflows of $527.8 and $446.8 millions, respectively.
Franklin Templeton’s EZBC It is the 18th biggest fund, with inflows of close to 395 million dollars in 2024. Fidelity’s Ethereum Fund is just $2 million below, with less than a $1 difference.FETHThe largest ETF flow year to date is.
GrayscaleGeraci shares a list of Bitcoin ETFs. Geraci has closed the gap between the two. The mini trust BTC, which ranked in the 22nd spot with nearly $348 inflows of capital, was followed by BTCO who ranked in the 23rd position.
Bitwise’s Ethereum Exchange Traded Fund (ETHW() is the largest crypto-ETF, with inflows of $314 millions.
Crypto ETFs are bleeding
Bitcoin spot ETFs and Ethereum spot exchange-traded funds both saw net outflows in the last week. Farside Investors data The chart below shows spot Bitcoin ETFs in the US have lost more than $277 million between Aug. 26 and Aug. 30. This is primarily due to ARKB’s negative net flow of $226 million.
BlackRock IBIT ended the week at over $210m in inflows, despite a lack of activity on three out of five trade days.
The US-traded Ethereum spot ETFs also closed out the week with $12.4 Million in outflows. A similar amount of money was followed. lack of activityThese funds have not seen any flows since they were launched on 23 July.
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Source: cryptoslate.com