Spot Bitcoin ETFs log roughly $2.4 billion weekly inflows as 2024 net flows turn positive
AI Market Summary
Spot Bitcoin ETFs posted their strongest weekly inflows in nearly a year (~$2.4B), flipping YTD net flows positive, but the latest week’s inflows (~$83M) were modest and highly volatile with sharp midweek outflows despite softer-than-expected PCE. Spot Ethereum ETFs saw renewed net outflows (~$114M), marking the second red week in three, signaling uneven institutional demand across major crypto exposure vehicles.
Impact level
● Medium
Affected assets
BTC/USDT+0.93%
AI Insight · BTC/USDTAI Insight
● Neutral
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Spot Bitcoin ETFs posted their strongest week in nearly a year, bringing in roughly $2.4 billion in net inflows and pushing year-to-date net flows back into positive territory. The daily picture was volatile: net inflows of $31.07 million on September 28 and $66.19 million on September 30 flipped to a $148.69 million outflow on Wednesday before rebounding to a $102.67 million inflow on Thursday. A prior session also saw a single-day outflow of $462.73 million. Spot Ethereum ETFs showed a similarly split pattern over the same period, leaving the week “mixed.”
