📊 #Bitcoin Sees $115M Outflow While Ethereum ETF Records 20th Straight Inflow Day

On August 1st, U.S. spot Bitcoin ETFs experienced a significant net outflow of $115 million, marking the first day of net outflows after five consecutive days of inflows, according to SoSoValue data.

🚨 Breakdown of Bitcoin ETF Flows:

ARKB (Ark & 21Shares Bitcoin ETF)

➤ Largest outflow: $89.92M in a single day

➤ Total net inflow to date: $2.71B

FBTC (Fidelity Bitcoin ETF)

➤ Daily outflow: $53.63M

➤ Total net inflow: $12.41B

GBTC (Grayscale Bitcoin Trust ETF)

➤ Daily outflow: $9.18M

➤ Total net outflow: $23.64B

IBIT (BlackRock Bitcoin ETF)

➤ Notably, $18.62M net inflow despite the general trend

➤ Cumulative net inflow: $57.6B

Other ETFs showing net inflows include:

Franklin’s EZBZ: $6.78M

Grayscale BTC: $5.69M

Invesco BTCO: $3.49M

VanEck HODL: $3.31M

👉 Total Bitcoin Spot ETF AUM: $152.01B

👉 Represents 6.56% of Bitcoin’s total market cap

👉 Cumulative total net inflow: $54.99B

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💥 Meanwhile, Ethereum Spot ETFs Shine

Ethereum spot ETFs saw a net inflow of nearly $17M on the same day, marking their 20th consecutive day of net inflows.

ETHA (BlackRock Ethereum ETF)

➤ Daily inflow: $18.18M

➤ Total net inflow: $9.74B

FETH (Fidelity Ethereum ETF)

➤ Daily inflow: $5.62M

ETHE (Grayscale Ethereum Trust)

➤ Daily outflow: $6.80M

👉 Total Ethereum Spot ETF AUM: $21.52B

👉 Equals 4.77% of Ethereum’s market cap

👉 Cumulative net inflow: $9.64B

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#BitcoinETF #EthereumETF #ETFFlows #CryptoInvesting #BTC #ETH