Bitcoin and Ethereum ETFs attract $577 million combined

Bitcoin and Ethereum ETFs together attracted over $577 million in new inflows on 18 September. Among the Bitcoin ETFs, Fidelity’s FBTC accounts for the lion’s share with $311 million, while the Ethereum ETFs are led by BlackRock’s ETHA. The inflows coincide with a recovery in the Bitcoin price, which is trading around $81K with a daily gain of 4.6%.

In brief:

• Bitcoin ETFs receive $433 million in inflows, led by Fidelity’s FBTC with $311 million
• Ethereum ETFs attract $144 million, with BlackRock’s ETHA accounting for $114 million
• The total Bitcoin ETF portfolio stands at $102.53 billion in assets under management

Fidelity and BlackRock dominate Bitcoin ETF inflows

The Bitcoin ETFs recorded total net inflows of $433 million on 18 September. Fidelity’s FBTC attracted by far the most money, with $311 million. BlackRock’s IBIT follows at a distance with $108 million.

That is a significant jump compared with the $159 million that the Bitcoin ETFs raised on 17 September. Total assets under management across all spot Bitcoin ETFs now amount to $102.53 billion.

Ethereum ETFs also post a strong day

The Ethereum ETFs are also performing well on 18 September. Total net inflows come to $144 million, with BlackRock’s ETHA the biggest draw at $114 million. Fidelity’s FETH adds a further $26.2 million.

The strong inflows on both sides follow a period of mixed results. Bitcoin itself already shot through $80.000 earlier after a liquidation wave and is trading around $81K at the time of writing, a rise of 4.6% in 24 hours.