Bitcoin vs. Ethereum Spot ETFs – Diverging Flows (Aug 6 Update)

Bitcoin Spot ETFs: 4th Consecutive Day of Outflows

Total Daily Outflow: $196 million

Fidelity (FBTC): -$99.11M | Still strong with $11.94B total net inflow

BlackRock (IBIT): -$77.42M | Maintains a massive $57.23B net inflow

Grayscale (GBTC): -$19.65M | Now -$23.74B total outflow

🔹 Total Net Asset Value (NAV): $146.18B 🔹 Total Net Inflow (All Time): $53.65B 🔹 Share of Bitcoin Market Cap: ~6.46%

Ethereum Spot ETFs: First Net Inflow This Week

Total Daily Inflow: $73.22 million

BlackRock (ETHA): +$88.77M | $9.46B total net inflow

VanEck (ETHV): +$5.24M

21Shares (CETH): +$3.57M

Grayscale (ETH & ETHE): -$13.45M and -$10.91M

Total NAV: $19.99B

Total Net Inflow (All Time): $9.1B

Share of Ethereum Market Cap: ~4.70%

Takeaway: Bitcoin ETFs are cooling off, but Ethereum ETFs are starting to gain traction again a potential early shift in institutional focus?