UPDATE: BlackRock and Fidelity lead $2.39B weekly Bitcoin ETF flows
CIE News ·
BlackRock's IBIT attracted $1.16 billion and Fidelity's FBTC added $701.6 million as weekly Bitcoin ETF inflows reached $2.39 billion, while Ether funds gained $689.88 million.
As previously reported, U.S. spot Bitcoin (BTC) ETFs concluded the week ending September 25 with $2.4 billion in net inflows. Breakdown data shows BlackRock's IBIT accounted for $1.16 billion, followed by Fidelity's FBTC at $701.6 million, Ark & 21Shares' ARKB at $294.7 million, and Morgan Stanley's MSBT at $203.3 million. WisdomTree's BTCW was the only fund to register net weekly outflows, shedding $4 million.
Spot Ethereum (ETH) ETFs recorded $689.88 million in net inflows across five consecutive positive trading sessions during the same period. Ether fund entries ranged from $269.98 million on Monday to $86.95 million on Friday, reversing a $140 million outflow from the previous week.
Despite the positive weekly net intake, daily inflows slowed toward the end of the week. Allocations into Bitcoin funds declined from $998.95 million on Monday to $134.47 million on Friday, cooling the pace of new capital and easing support pressure on spot prices.