Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Robinhood Launches Tokenized Stock Trading Platform for EU Users
    NewsBlockchainCrypto

    Robinhood Launches Tokenized Stock Trading Platform for EU Users

    Robinhood is going into the future of financial markets with its latest…

    By
    Jane Omada Apeh
    May 8, 2025
    Robert Kiyosaki Bitcoin
    NewsCryptoMarket
    Robert Kiyosaki Warns of “Biggest Crash Ever,” Says Buy Bitcoin Not Gold
    May 8, 2025
    How Bitcoin’s $100K Run Fuels Altcoin Surge: ETH, SOL, XRP Price Patterns Turn Bullish
    MarketCryptoNews
    How Bitcoin’s $100K Run Fuels Altcoin Surge: ETH, SOL, XRP Price Patterns Turn Bullish
    May 8, 2025
    Bitcoin in the Budget? Texas Pushes Forward With Bold Crypto Reserve Plan
    NewsCrypto
    Bitcoin in the Budget? Texas Pushes Forward With Bold Crypto Reserve Plan
    May 8, 2025
    SOL Strategies Solana
    NewsCryptoMarket
    SOL Strategies Buys More Solana: $500M War Chest Signals Institutional Confidence
    May 8, 2025
  • Cryptocurrency
    Robinhood Launches Tokenized Stock Trading Platform for EU Users
    Robinhood Launches Tokenized Stock Trading Platform for EU Users
    7 Min Read
    Robert Kiyosaki Bitcoin
    Robert Kiyosaki Warns of “Biggest Crash Ever,” Says Buy Bitcoin Not Gold
    8 Min Read
    How Bitcoin’s $100K Run Fuels Altcoin Surge: ETH, SOL, XRP Price Patterns Turn Bullish
    How Bitcoin’s $100K Run Fuels Altcoin Surge: ETH, SOL, XRP Price Patterns Turn Bullish
    13 Min Read
    Bitcoin in the Budget? Texas Pushes Forward With Bold Crypto Reserve Plan
    Bitcoin in the Budget? Texas Pushes Forward With Bold Crypto Reserve Plan
    6 Min Read
    SOL Strategies Solana
    SOL Strategies Buys More Solana: $500M War Chest Signals Institutional Confidence
    6 Min Read
    Jack Mallers' Strike Launches Bitcoin-Backed Loans in 26 U.S. States
    Jack Mallers’ Strike Launches Bitcoin-Backed Loans in 26 U.S. States
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Spot Bitcoin ETFs in the U.S. Approach 1 Million BTC, While Interest in Ethereum ETFs Remains Limited
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Spot Bitcoin ETFs in the U.S. Approach 1 Million BTC, While Interest in Ethereum ETFs Remains Limited
News

Spot Bitcoin ETFs in the U.S. Approach 1 Million BTC, While Interest in Ethereum ETFs Remains Limited

the growth and impact of spot Bitcoin ETFs in the U.S. featuring prominent Bitcoin and ETF symbols with digital charts and
Emiliano Trejo
Last updated: October 25, 2024 11:23 am
By
Emiliano Trejo
Published October 25, 2024
2 Min Read
Share

Demand for spot Bitcoin and Ethereum ETFs in the U.S. continues to grow, with strong net inflows bolstering both. As of October 24, 2024, total net inflows into U.S. spot Bitcoin ETFs reached $187.5 million, whereas spot Ethereum ETFs saw only $2.3 million in net inflows.

Contents
Strong Growth in Bitcoin ETFsLimited Interest in Ethereum ETFs

Strong Growth in Bitcoin ETFs

Eleven spot Bitcoin ETFs in the U.S. recorded positive net inflows for the second consecutive day on October 24. BlackRock’s iShares Bitcoin Trust (IBIT) ETF maintained its lead as the top-performing fund, attracting the highest inflows for eight consecutive days. IBIT recently added 2,436 BTC (around $165 million), pushing its holdings to 399,355 BTC (valued at $27.16 billion), representing over 2% of Bitcoin’s total supply. Among the remaining 10 ETFs, eight saw no net inflows, while U.S. spot Bitcoin ETFs collectively achieved a cumulative net inflow of $21.57 billion after 199 trading days.

Limited Interest in Ethereum ETFs

Despite ongoing positive inflows, interest in spot Ethereum ETFs has shown limited growth over the past two days. Only BlackRock’s iShares Ethereum Trust (ETHA) ETF reported a net inflow yesterday, while no net inflows were recorded for the other eight Ethereum ETFs. Overall, U.S. spot Ethereum ETFs have a cumulative net inflow of negative $478 million after 67 trading days.

Over the past 10 months, U.S. spot Bitcoin ETFs have rapidly expanded their holdings, now nearing the milestone of 1 million BTC, currently holding around 967,459 BTC. Should demand persist, these ETFs may soon surpass the 1.1 million BTC believed to be held by Satoshi Nakamoto. BlackRock’s IBIT ETF, now holding 396,922 BTC, is a major player, alongside Binance, which holds 636,000 BTC on behalf of its clients.

The increasing institutional interest in crypto assets in the U.S. could potentially reshape market dynamics, attracting attention from both investors and analysts.

spot Bitcoin ETFs, Ethereum ETFs, BlackRock, institutional interest

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Ripple’s RLUSD Outpaces PayPal and Circle: A Game-Changer for Stablecoins?

Trump’s Policies Fuel Crypto Growth via M&A, Bitwise CEO Warns of Risks

Has the Crypto Market Crash Ended? Expert Insights & Analysis

Trump’s Victory Hits These Altcoins Hard! Over 50% Decline in Value

Metaplanet Treasury Corp Debuts in U.S. With $250M Bitcoin Buy

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByEmiliano Trejo
Emiliano Trejo has spent the last 9 years immersed in the world of blockchain and cryptocurrencies, becoming a prominent figure in the industry. With a background in economics and a keen interest in decentralized systems, Emiliano has contributed to several groundbreaking projects, including the development of blockchain-based financial products and services. His expertise lies in the intersection of blockchain technology and economic models, where he excels in creating innovative solutions that leverage the benefits of decentralization. At DT NEWS, Emiliano shares his deep knowledge of the global cryptocurrency market, offering insights that help readers understand both the technical and economic implications of blockchain innovations.
Previous Article Ethereum Foundations ETH sales showing the Ethereum logo with financial elements like transaction graphs exchange symbols Ethereum Foundation’s ETH Sales Detailed: Over $17 Million Generated This Year
Next Article South Korea Set to Tighten cross-border Crypto Rules to Fight Tax Crime South Korea Set to Tighten Cross-border Crypto Rules to Fight Tax Crime
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)