Bitcoin and Ethereum's Rise Also Reflected in ETFs! Record Inflows to ETFs!

The government shutdown in the US and the coincidence of October, historically known as a bullish month, caused Bitcoin to start October with a sharp ￰0￱ this point, while new records were coming in BTC, this sharp rise also reflected positively on ￰1￱ to Farside Investors data, spot Bitcoin ETFs in the US saw the second-largest daily inflow of $1.19 billion, while spot Ethereum (ETH) ETFs saw net inflows for the sixth consecutive ￰2￱ Inflow in Bitcoin ETFs! According to data released by Farside Investors, US spot Bitcoin ETFs recorded net inflows of $1.1901 billion on October 6, the second-largest daily total since November 7 of last year. Yesterday's inflows also marked the sixth consecutive day of net inflows for spot ETFs.

BlackRock's IBIT fund led the inflows with net inflows of $970 million. Fidelity's FBTC fund had the second-largest inflow with $112.3 ￰3￱ from these, Bitwise's BITB fund saw $60.1 million in inflows, Grayscale's Mini BTC fund $30.6 million, Invesco's BTCO fund $7.5 million, WisdomTree's BTCW fund $6 million, and Franklin Templeton's EZBC fund $3.6 ￰4￱ contrast, the other funds saw 0 ￰5￱ Hits Sixth Day in a Row! According to data from Farside Investors, US spot Ethereum ETFs recorded a total net inflow of $176.6 million on October ￰6￱ marks the sixth consecutive day of positive flows. BlackRock's ETHA fund had the most inflows with $92.6 million, followed by Bitwise's ETHW fund with $27 million, followed by Fidelity's FETH fund with $23.5 million, Grayscale's Mini ETH fund with $18.7 million, and Grayscale's ETHE fund with $14.8 million.

Finally, total BTC held by Bitcoin spot ETFs in the US represents 6.7% of the total supply. Meanwhile, total Ethereum holdings by treasuries and ETFs have risen to 12.48 million ETH, representing 10.31% of the total supply. *This is not investment ￰7￱ Reading: Bitcoin and Ethereum's Rise Also Reflected in ETFs! Record Inflows to ETFs!