Bitcoin ETPs Extend Inflows Streak to Six Days as Ether Funds See Modest Outflows

U.S. spot bitcoin exchange-traded funds reported $64.91 million in net inflows on Thursday, extending their streak of positive flows to six days.

U.S. spot bitcoin exchange-traded fund saw net inflows for the sixth day in a row on Thursday, with the largest ETF by net assets, BlackRock's IBIT, seeing $75.49 million in net inflows, data from SoSoValue showed.

The total net inflows for the 12 spot bitcoin ETFs on Thursday were $64.91 million, and the total trading volume was $889.67 million.

In comparison, the nine spot ether ETFs in the U.S. saw net outflows of $874,610 on Thursday, with the Grayscale Ethereum Trust (ETHE) seeing net outflows of $19.84 million.

The total daily trading volume for these spot ether ETFs was $93.87 million on Thursday.

The price of bitcoin edged up 0.34% over the past 24 hours to trade at $60,988 at the time of writing, while ether climbed 1.71% to $2,668, according to The Block's price page.

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