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    Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

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    Daily ETF Flow Report (September 11): Bitcoin ETFs Hit $552 Million, Ethereum Continues Day Streak

    Story Highlights
    • Bitcoin ETF saw a combined $552.78 million of inflows, while Ethereum ETF recorded a net inflow of $113.12 million.

    • BlackRock IBIT leads BTC ETF record with $366.20 million and ETH ETF is led by $88.34 million from Fidelity FETH.

    • Bitcoin is trading at $115,604 with a market cap of $2.299 trillion.

    On September 11, both spot ETFs, Bitcoin and Ethereum, recorded strong inflows. According to SoSoValue, Bitcoin ETFs recorded a positive of $552.78 million, marking the fourth consecutive day of inflows, while Ethereum ETFs extended their streak to 3 consecutive days of inflows. 

    Bitcoin ETF Breakdown 

    Bitcoin ETF saw a combined $552.78 million of inflows, led by BlackRock IBIT’s $366.20 million. Fidelity FBTC followed with $134.71 million, then Bitwise BITB $40.43 million, and Invesco BTCO $5.71 million. Franklin EZBC also added $3.31 million, while VanEck HODL gained $2.43 million. 

    Overall, Bitcoin ETFs recorded a total trading volume of $2.83 billion with $149.64 billion in net assets. It marked 6.57% of the BTC market capitalization, slightly higher than the previous day. 

    Ethereum ETF Breakdown 

    Ethereum ETF recorded a net inflow of $113.12 million, led by $88.34 million from Fidelity FETH. Bitwise ETHW also recorded $19.65 million in inflows, followed by Grayscale ETHE’s $14.58 million. 

    Grayscale ETH added $4.58 million while Franklin EZET gained $3.36 million. Overall trading volume in Ethereum ETFs reached $1.53 billion, with total assets of $28.51 billion, representing 5.53% of Ethereum’s market cap. This marks a clear rise compared to previous records.

    Market Context 

    Bitcoin is trading at $115,604 with a market cap of $2.299 trillion, marking a rise from the previous day. Its daily trading volume stands at $49.611 billion. Ethereum is trading at $4,538.89 with a market capitalization of $546.318 billion. Its trading volume has reached $37.171 billion. 

    Both assets continue to benefit from the growing regulatory environment across the globe. With increasing interest in ETFs and strategic reserves, countries continue to update their framework for cryptocurrency. 

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