The twelve spot Bitcoin exchange-traded funds (ETFs) in the United States reported a total daily net inflow of $50.64 million on Thursday, while spot Ether ETFs saw a return to positive flows with $26.75 million.
Grayscale’s Bitcoin Mini Trust, which began trading on Wednesday, led the net inflows with $191.13 million, according to data from SoSoValue. This was followed by BlackRock’s IBIT, which saw inflows of $25.9 million.
These gains were partially offset by net outflows from five U.S. funds. Grayscale’s GBTC experienced $71.33 million in outflows on Thursday. Fidelity’s FBTC logged net outflows of $48.4 million, and Ark Invest and 21Shares’ ARKB saw $22.42 million in outflows. Funds from Bitwise and VanEck also saw net outflows, while the remaining five funds from issuers such as Valkyrie reported zero flows.
The total daily trading volume for the twelve Bitcoin ETFs amounted to approximately $2.91 billion on Thursday, up from $1.37 billion on Wednesday. Since January, spot Bitcoin products have accumulated a total net inflow of $17.74 billion.
The two largest spot Bitcoin ETFs — BlackRock’s IBIT and Grayscale’s GBTC — both traded down about 3% on Thursday, according to The Block’s Bitcoin ETF Tracker.