Bitcoin ETF inflows plummet from $263.2 million to $12.8 million 
On Sept. 16, Bitcoin ETFs saw net positive flow of $12.8 million. This is a significant drop from the $263.2 million net inflow observed on Friday, Sept. 13.
Such a sharp drop is due to five of the nine tracked spot ETFs having a zero net flow on Monday. Bitwise, Ark, Invesco, Valkyrie, and Wisdom Tree all saw zero flows on Sep. 16. Grayscale’s $20.8 million outflow also contributed to the drop. While BlackRock’s IBIT saw zero flows on Friday, it recovered with a $15.8 million inflow on Monday. Fidelity and VanEck saw modest inflows.
Ethereum ETFs recorded a negative flow once again after seeing net inflows of $1.5 million on Friday. Throughout September, Ethereum ETFs only had two days of positive flows. On Sept. 16, the $13.8 million outflow from Grayscale’s ETHE pushed flows deep into the red with a net outflow of $9.4 million. This brings the total outflows to $590.8 million.
Analyst 
Andjela Radmilac
Armed with a classical education and an eye for news, Andjela dove head deep into the crypto industry in 2018 after spending years covering politics.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$2,321.14
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
BlackRock
BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
Bitwise
Bitwise Asset Management pioneered the first cryptocurrency index fund and is the leading provider of rules-based exposure to the cryptoasset space..
Fidelity Investments
Fidelity Investments Inc., commonly referred to as Fidelity, is a multinational financial services corporation based in Boston, Massachusetts.
VanEck
VanEck is a global investment manager with offices around the world, including New York, Australia, China, Germany, Netherlands and Switzerland.
Ark Invest
ARK Investment Management LLC (ARK Invest) holds a precision lens on thematic investing.
Valkyrie
Valkyrie Investments is a specialized alternative asset management firm at the intersection of traditional finance and the emerging digital asset sector which is headquartered in Nashville.
Grayscale Investments
Established in 2013 by Digital Currency Group, Grayscale Investments is a trusted authority on digital currency investing and cryptocurrency asset management.