The latest ETF flow data for August 8 reveals notable buying interest in both #Bitcoin and #Ethereum products, with net inflows signaling renewed institutional participation.

On the Bitcoin side, the 10 listed ETFs combined for +2,195 $BTC in net inflows, adding approximately $256.01 million in value. The iShares Bitcoin Trust (BlackRock) led the day with +1,191 BTC worth $138.93 million, taking its total holdings to 739,362 BTC valued at $86.23 billion. Fidelity’s Wise Origin Bitcoin Fund added +371 BTC, while VanEck’s Bitcoin Trust brought in +325 BTC. This coordinated uptick across multiple issuers highlights a session where buyers outweighed sellers, despite some ETFs still showing weekly outflows.

Source: Lookonchain

Ethereum ETFs saw even stronger momentum. The nine listed funds recorded +43,329 $ETH in net inflows, equivalent to $169.2 million. BlackRock’s iShares Ethereum Trust dominated with +26,604 ETH worth $103.89 million, boosting its total holdings to 2,987,576 ETH valued at $11.67 billion. Fidelity’s Ethereum Fund followed with +8,238 $ETH , while Bitwise Ethereum ETF brought in +6,450 ETH. This surge in institutional demand has been a key driver behind Ethereum’s rally to $4,000 today, showing how ETF activity can reinforce market momentum.

These inflows are notable, especially as they came while weekly figures still reflect broader outflows—-8,963 BTC for Bitcoin ETFs and -98,876 ETH for Ethereum ETFs over the past seven days. It suggests that although the broader trend has been cautious, there is a clear uptick in near-term accumulation from institutional players.

If this pace continues, it could tighten supply on exchanges and support price stability, while any further acceleration in ETF demand would strengthen bullish sentiment heading into the next quarter.

#ETHBreaks4000 #CryptoIn401k #USFedNewChair