Spot Bitcoin 
$98,267 exchange-traded funds (ETFs) in the U.S. recorded net outflows for the third consecutive day, totaling $54.13 million on Thursday and exceeding $388 million over the last three days. Ark Invest and 21Shares’ ARKB fund led this movement with a $57.97 million outflow, while Fidelity’s FBTC fund also saw a $37.21 million exit. In contrast, BlackRock’s IBIT fund was the top performer with a net inflow of $35.96 million.
Status of Spot Bitcoin ETFs
On Thursday, the total daily trading volume of spot Bitcoin ETFs was recorded at $1.13 billion, reflecting a significant decrease from the previous day’s $1.66 billion. Furthermore, BlackRock’s IBIT fund attracted a net inflow of $35.96 million, followed by Bitwise’s BITB fund with $2.65 million and Invesco’s BTCO fund with $2.44 million in net inflows.
Meanwhile, other funds such as Grayscale’s GBTC reported no inflows or outflows. Since their launch in January, these funds have collectively reached a net inflow of $18.47 billion. Despite the decline in trading volume for spot Bitcoin ETFs, the ability of some funds to secure net inflows indicates the lingering effects of market volatility.
Spot Ethereum ETFs Also Experience Increased Outflows
Similar to spot Bitcoin ETFs, spot Ethereum 
$3,439 ETFs have continued to face net outflows. On Thursday, net outflows from spot Ethereum ETFs amounted to $3.2 million in the U.S. Grayscale’s ETHE fund had the largest outflow with $14.69 million, while Fidelity’s FETH fund recorded an outflow of $587,090. However, BlackRock’s ETHA fund partially offset these outflows with a net inflow of $12.08 million.
The trading volume of spot Ethereum ETFs was noted at $115.66 million on Thursday, down from $197.82 million the previous day. Since their release in July, spot Ethereum ETFs have experienced a total net outflow of $561.05 million, indicating reduced investor interest amid market fluctuations.
