Yahya 
Eight out of the previous ten trading days have shown positive flows for United States spot Bitcoin exchange-traded funds (ETFs), indicating ongoing investor interest. Based on early statistics from Farside Investors, these ETFs saw an overall inflow of $88 million on August 20—their biggest in two weeks.
With a notable $55.4 million inflow, BlackRock’s iShares Bitcoin Trust (IBIT) led the way with the overall net inflow for IBIT since its January inception reaching an astounding $20.5 billion. Especially in terms of assets under management (AUM), IBIT has outperformed Grayscale; furthermore, since May 1, it has not suffered a single outflow day.
With an August 20 inflow of $51.9 million, the Ark 21Shares Bitcoin ETF (ARKB) also did very well.
Still, not every Bitcoin ETF turned out the same fortune. With a net outflow of $12.8 million, the Grayscale Bitcoin Trust (GBTC) followed its losing trend since its ETF conversion seven months ago, which has resulted in an amazing $19.6 billion in withdrawals. Additionally showing slight outflows of $6.5 million is the Bitwise Bitcoin ETF (BITB).
Unlike Bitcoin, spot Ether ETFs have exhibited less resiliency; five of the last eight trading days saw asset outflows. With their net withdrawals of $6.5 million on August 20, the nine recently introduced spot Ether ETFs recorded their fourth straight day of outflows. Though a $37 million net outflow from Grayscale’s Ethereum Trust (ETHE) more than offset BlackRock’s iShares Ethereum Trust (ETHA), which did report a net inflow of $26.8 million.
With Bitcoin ETFs keeping more momentum than their Ether equivalents, these data show a rising yet wary curiosity in cryptocurrencies ETFs.
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