Crypto:
36638
Bitcoin:
$91.177
% 2.50
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.177
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

August 8: Strong Net Inflows in Spot Bitcoin and Ethereum ETFs

bitcoin etf_ce

On August 8, spot Bitcoin ETFs recorded a total net inflow of $404 million, marking their third consecutive day of positive net inflows. Meanwhile, spot Ethereum ETFs saw four straight days of net inflows, reaching a total of $461 million. Notably, BlackRock’s ETHA led the day with an impressive $255 million inflow.

Consecutive Positive Days for Bitcoin ETFs

Data from the day shows the following movements in Bitcoin ETFs:

  • IBIT: +$360.00 million

  • FBTC: +$30.50 million

  • BTC: +$13.40 million

  • GBTC, ARKB, BITB, BTCO, HODL, BRRR, EZBC, BTCW: No inflows recorded

Overall, Bitcoin ETFs attracted a total net inflow of approximately $403.90 million. This steady inflow suggests growing market confidence and an ongoing preference for spot products among investors.

Record Inflows in Ethereum ETFs

Ethereum ETFs witnessed even more remarkable inflows:

  • ETHE: +$26.80 million

  • ETH: +$38.20 million

  • ETHA: +$254.70 million

  • ETHW: +$7.80 million

  • FETH: +$132.30 million

  • QETH: +$1.20 million

  • ETHV, EZET, CETH: No inflows recorded

 

In total, Ethereum ETFs recorded a net inflow of $461.00 million. The substantial $250+ million inflow into ETHA alone highlights strengthened institutional interest in Ethereum-based products.

What This Means for the Markets

The consecutive days of net inflows in both Bitcoin and Ethereum ETFs reflect a short-term bullish sentiment in the market. This trend reinforces the importance of spot ETFs as a trusted gateway for institutional investors looking to gain exposure to these leading cryptocurrencies safely and efficiently.

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