While Valhalla’s BRRR has not been updated, the U.S. spot bitcoin funds witnessed $127 million net outflows. ARKB of Ark & 21 Shares led the net outflows; so-called value data indicated negative flows of $101.97 million. Grayscale’s GBTC recorded net withdrawals of $18.32 million as well as $6.76 million from Bitwise’s BITB. Tuesday witnessed zero flows for eight funds—BlackRock’s IBIT, among others.

With exception of BRRR, the U.S. spot bitcoin funds observed a total trade volume of $1.2 billion. Their net inflows, since January, total $17.95 billion.

Spot ether ETFs kept their ninth straight day of net outflows, reporting negative flows yesterday totaling $3.45 million. The daily net outflow of Grayscale’s ether fund, $9.18 million, was offset by $3.88 million in net inflows into Fidelity’s FETH and $1.86 million into Bitwise’s ETHW.

Monday’s trading volume for spot ether funds was $129.95 million, far less than late July’s levels of about $900 million. The funds have recorded overall net outflows of $481.32 million.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin ETFs Break 8-Day Positive Flow Streak appeared first on Coin Engineer.