#CryptoComeback Spot Bitcoin ETFs recorded an influx of funds, while Ethereum ETFs continued to see outflows

On May 8, spot ETFs for Bitcoin and Ethereum showed opposite trends.

Bitcoin funds attracted $117.62 million, while $16.11 million was withdrawn from Ethereum ETFs.

On May 8, 2025, spot Bitcoin ETFs in the US attracted $117.62 million. Specifically, the inflow of funds was recorded by only three funds, namely:

IBIT — $69 million;

FBTC — $35.34 million;

ARKB — $13.12 million.

No activity was observed in the rest of the ETFs. It is noteworthy that over two trading days, the inflow in the sector amounted to nearly $260 million, according to SoSoValue.

In the Ethereum ETF sector, the negative trend has continued for the third consecutive day, despite significant asset growth on May 8. During this period, over $55 million was withdrawn from products based on the second largest cryptocurrency by market capitalization. On May 8, the outflow of funds amounted to $16.11 million.

In the sector of Hong Kong spot Bitcoin and Ethereum ETFs, no activity was observed.

Previously, Bitwise predicted Bitcoin's rise to $1 million due to ETFs and demand from governments.