According to Lookonchain data updated on August 28, 10 Bitcoin ETFs recorded a net inflow of 838 BTC (~$94.85 million) and 9 Ethereum ETFs recorded a net inflow of 71,506 ETH (~$329 million).
Data shows that BlackRock's iShares leads both in inflows and holdings volume: attracting significant inflows in both Bitcoin and Ethereum, while also holding a substantial amount of assets in these two cryptocurrencies.
MAIN CONTENT
10 Bitcoin ETFs: net inflow of 838 BTC, equivalent to ~ $94.85 million.
iShares (BlackRock) leads with a net inflow of 454 BTC, currently holding 746,016 BTC (~$8.44 billion).
9 Ethereum ETFs: net inflow of 71,506 ETH, equivalent to ~ $329 million, iShares attracted 57,483 ETH.
What is the net inflow recorded by 10 Bitcoin ETFs?
Live: 10 Bitcoin ETFs recorded a net inflow of 838 BTC, equivalent to about $94.85 million, according to Lookonchain updated on August 28.
Analysis: The level of 838 BTC reflects concentrated net buying demand for the ETF product rather than selling in the spot market. This inflow indicates that institutional and retail investors continue to use ETFs as a channel to access Bitcoin, contributing to the liquidity and stability of the ETF.
How much inflow has iShares (BlackRock) attracted and how much Bitcoin are they holding?
Live: iShares recorded an inflow of 454 BTC (~$51.38 million) and currently holds 746,016 BTC, equivalent to about $8.44 billion.
Analysis: The inflow share of iShares accounts for a significant portion of the total inflow of Bitcoin ETFs, indicating the appeal of the brand and asset management scale. The holding of 746,016 BTC reflects this fund's large position in the cryptocurrency ETF market.
What is the net inflow of the 9 Ethereum ETFs and what role does iShares play?
Live: 9 Ethereum ETFs recorded a net inflow of 71,506 ETH (~$329 million); iShares attracted 57,483 ETH (~$264 million) and currently holds 3,762,136 ETH (~$1.729 billion).
Analysis: The significant inflow into Ethereum ETFs indicates strong interest in this asset class, possibly due to the prospects of DeFi and NFT applications. iShares attracted the majority of the inflows, demonstrating the significant influence of large funds on Ethereum ETF capital flows.
Notes when reading ETF inflow data
Live: The data reflects the capital flows into/ETF funds at the time of the update and does not imply direct ownership on the spot exchange.
Analysis: When analyzing the inflow figures, it is important to consider price volatility, the fund's restructuring strategy, and liquidity factors. Data from Lookonchain provides a snapshot of ETF activity but does not replace official fund reports.
Bitcoin metric (10 ETFs) Ethereum (9 ETFs) Net inflow 838 BTC (~$94.85 million) 71,506 ETH (~$329 million) Inflow to iShares 454 BTC (~$51.38 million) 57,483 ETH (~$264 million) iShares holdings 746,016 BTC (~$8.44 billion) 3,762,136 ETH (~$1.729 billion)
Frequently Asked Questions
1. Where is this data sourced from and when was it updated?
The data is cited from Lookonchain, updated on August 28 based on the original information provided.
2. How much is 838 BTC worth according to the report?
According to the report, 838 BTC is equivalent to about $94.85 million at the time of the update.
3. How much Bitcoin and Ethereum is iShares holding?
iShares currently holds 746,016 BTC (~$8.44 billion) and 3,762,136 ETH (~$1.729 billion) according to Lookonchain data.
4. What does the inflow figure mean for investors?
ETF inflows indicate interest in legalized investment channels and professional management; it should be combined with price volatility analysis and fund reports to make investment decisions.
Source: https://tintucbitcoin.com/10btc-etf-hut-838-9eth-etf-hut-71-506/
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