News
  • Zameer Attar
    author-profile
    Zameer Attar right arrow
    Author

    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.

    • Reviewed by: Anjali Belgaumkar
      author profile
      Anjali Belgaumkar right arrow
      Reviewed

      Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

      • author twitter
      • author linkedin
    • 2 minutes read

    Ethereum ETFs Outshine Bitcoin ETF With $213M Inflows as Market Rebounds

    Story Highlights
    • Bitcoin ETF saw a combined $163.03 million inflows, while Ethereum ETFs recorded $213.07 million

    • Bitcoin is trading at $116,879 with a market cap of $2.328 trillion, showing a 0.4% drop from yesterday

    • Ethereum trades at $4,537.16, with a market cap of $547.654 billion and a dio in trading value

    On September 18, the spot Bitcoin ETF saw a combined $163.03 million inflows, while Ethereum ETFs recorded $213.07 million inflows. According to the SoSoValue report, none of the ETFs saw any outflow, unlike the previous days. 

    Bitcoin ETF Breakdown 

    Bitcoin ETFs recorded a total net inflow of $163.03 million, with Fidelity’s FBTC leading with $97.35 million. Ark & 21Shares ARKB also saw $25.00 million inflows, while Bitwise BITB added $12.78 million. Additional gains were made by Grayscale BTC $10.93 million, VanEck HOLD $6.65 million, and Franklin EZBC $6.80 million. 

    Invesco BTCO also added smaller inflows of $3.51 million. Overall, the total trading value of the Bitcoin ETF reached $3.45 million, marking a drop from the previous day. Total net assets recorded $155.05 billion, representing 6.62% of the Bitcoin market cap. 

    Ethereum ETF Breakdown 

    Ethereum ETFs saw a combined net inflow of $213.07 million, mostly led by Fidelity’s FETH $159.38 million. Grayscale ETH followed with $22.90 million. Bitwise’s ETHW also recorded a gain of $17.47 million, and Grayscale ETHE added $9.83 million. The smallest gain was made by Franklin’s EZET $3.49 million. 

    After two consecutive days of outflows, Ethereum ETFs made a strong comeback. Its total trading value reached $1.54 billion, with total net assets of $30.54 billion. This marks 5.49% of the Ethereum market cap, slightly higher than the previous day. 

    Market Context 

    Bitcoin is trading at $116,879 with a market cap of $2.328 trillion, showing a 0.4% drop from yesterday. Its daily trading volume has reached $37.346 billion, while Ethereum trades at $4,537.16, with a market cap of $547.654 billion. Its trading volume has also decreased, showing a difficult market sentiment.

    Despite small dips, both assets seem to show positive momentum, driven by the recent US Fed rate cut. Bitcoin and Ethereum continue to receive strong support, with low selling pressure, and bullish medium-to-long-term outlooks. 

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    FAQs

    What were the key drivers behind the recent inflows into Bitcoin and Ethereum ETFs?

    The surge in inflows was largely driven by positive market sentiment, including a recent US Fed rate cut. This monetary policy change has historically been a tailwind for risk assets like crypto.

    What percentage of the total market cap do Bitcoin and Ethereum ETFs represent?

    As of September 18, the total net assets of Bitcoin ETFs accounted for 6.62% of Bitcoin’s market cap, while Ethereum ETFs represented 5.49% of Ethereum’s market cap.

    Trust with CoinPedia:

    CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

    Investment Disclaimer:

    All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

    Sponsored and Advertisements:

    Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

    Show More

    Related Articles

    Back to top button