The decline in Bitcoin, Ethereum and altcoin also affected spot ETFs in the US, which experienced several consecutive days of increase.
However, when investors viewed it as an opportunity, ETF outflows replaced the inflow.
At this point, the US spotted Bitcoin and Ethereum ETFs on August 26th.
According to data from Farside Investors, Spot BTC ETF has seen inflows for the second day in a row.
Data shows a total of $88.1 million inflows into spot Bitcoin ETFs have been recorded. The biggest inflow came from BlackRock’s IBIT fund with a total inflow of $45.3 million, followed by Fidelity’s FBTC fund at $14.5 million and Bitwise’s BITB fund at $9 million.
Apart from these, Grayscale’s BTC fund, ARKB fund from ARK Invest, and Vaneck’s HODL fund attracted $11 million, $4.1 million and $3.9 million inflows, respectively, while other funds recorded zero inflows.
Ethereum ETFs have also experienced a series of influxes. According to data from Farside Investors, Spot Ethereum ETFs totaled $455 million inflows, marking the fourth consecutive day of net inflow.
BlackRock’s ETHA fund led the way with $323 million inflows, Fidelity’s Feth Fund at $85.5 million and Grayscale’s ETH fund at $41.1 million. Grayscale’s Ethe fund also saw $5.3 million inflows, but other funds had zero inflows.
Bitcoin rose just 1% to $111,390 over the past 24 hours, while Ethereum rose 4.2% to $4,620.
*This is not investment advice.
