Deniz 
Continuing the positive run started on Tuesday, spot bitcoin ETFs in the United States posted $21.52 million in net inflows on Wednesday.
Data from SoSoValue shows that Fidelity’s FacebookTC, valued at $19 million, had the biggest net inflows of the day. With net inflows of $4 million, Grayscale’s GBTC had its first positive flow since June 5. VanEck also recorded $3 million in inflows on Wednesday.
Ark Invest and 21Shares’ ARKB, in the in the meantime, noted the sole daily net outflows totaling $5 million. BlackRock, Bitwise, Valkyrie, and others saw zero flows.
Since their January introduction, the bitcoin ETFs have garnered $14.44 billion in cumulative net inflows.
Reuters reported Wednesday, citing unidentified sources, that the U.S. Securities and Exchange Commission might approve spot Ethereum ETFs as soon as next Thursday, or July 4. Senior Bloomberg ETF analyst Eric Balchunas had earlier projected a likely debut date of July 2.
Though not specifying a certain date, SEC chairman Gary Gensler indicated earlier this week that the spot ETF launch process is “going smoothly.” Last month, the regulatory agency approved spot ether ETFs preliminary; it is presently assessing the revised registration statements from issuers.
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