Emre Yumlu 
What’s the latest situation with Bitcoin and Ethereum ETFs on May 8? How have ETFs performed amid Bitcoin’s rally? Let’s take a closer look.
$117.4 Million Net Inflow into Bitcoin ETFs!
Amid Bitcoin’s recent rally, May 8 saw $117.4 million in net inflows into Bitcoin ETFs. These inflows came from the IBIT, FBTC, and ARKB funds, while no inflows or outflows were observed in the other funds.
- IBIT: +69.00M
- FBTC: +35.30M
- ARKB: +13.10M
- GBTC, BITB, BTCO, HODL, BRRR, EZBC, BTCW, BTC: 0
$16.1 Million Net Outflow from Ethereum ETFs
Ethereum ETFs, on the other hand, saw a $16.10 million outflow, marking a negative trend. While Grayscale’s ETH fund received a +$3.20 million inflow, it wasn’t enough to offset the -$19.30 million outflow from Fidelity’s FETH fund. The remaining funds showed no movement.
- ETH: +3.20M
- FETH: -19.30M
- ETHE, ETHA, ETHW, ETHV, EZET, CETH, QETH: 0
What Lies Ahead for Bitcoin and Ethereum ETFs?
May 8 data shows a net inflow of $117.4 million into Bitcoin ETFs, reflecting investor confidence boosted by the recent price surge. Inflows into large funds like IBIT, FBTC, and ARKB highlight continued institutional interest, while the lack of movement in other funds is notable.
Meanwhile, the $16.1 million net outflow from Ethereum ETFs signals that investors remain cautious, largely due to underwhelming performance and price pressure in recent months. However, the upcoming “Pectra” upgrade could potentially rekindle interest in Ethereum and lead to renewed inflows into ETH-focused funds.
This content is not financial advice. Markets involve high risk, and it is important to do your own research before making investment decisions.
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