On September 26th, the US Spot Bitcoin ETF market saw substantial inflows of $364.8 million. This marks the largest inflow since July 23 and highlights the ongoing interest in Bitcoin ETFs.
Meanwhile, Ethereum ETFs failed to gain similar traction, registering a mere $0.5 million in net inflows. This discrepancy underscores the dominant position Bitcoin holds in the cryptocurrency ETF arena.
BlackRock’s significant Bitcoin purchases have been a key driver in this ETF frenzy, further cementing Bitcoin's market presence.