U.S. Cryptocurrency ETFs Show Mixed Performance in Recent Week
- U.S. spot Bitcoin ETFs recorded $6.21 million in net inflows from Sept. 14 to Sept. 18.
- Spot Ethereum ETFs experienced total outflows of $140 million, with a peak withdrawal of $224.11 million on Sept. 16.
- ZEC ETFs led altcoins with inflows of $98.21 million during the same period.
- On Sept. 18, Bitcoin ETFs attracted $433.03 million, while Ethereum funds drew $143.8 million.
- BlackRock’s IBIT was the top-performing Bitcoin fund with inflows of $120.66 million.
The recent week saw contrasting trends among U.S. cryptocurrency ETFs, with Bitcoin funds managing slight gains while Ethereum products faced significant withdrawals and ZEC funds thrived.
Overall, while Bitcoin ETFs ended the week positively with modest inflows, Ethereum’s losses were substantial at $140 million, highlighting market volatility.(Source)
