Aug 31, 03:57
SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on August 30, 2024
The US Spot ETF Net Inflows on August 30, 2024, are recorded at -$176M for BTC and $0M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: -$176M
- No US Bitcoin ETFs saw an inflow yesterday.
- Grayscale Bitcoin Trust (GBTC) had the largest outflow of the day at $70.2M.
- The total flow for the week is -$277M with outflows on the past 4 days!
- The cumulative total net inflow after 161 trading days now stands at $17.6B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: $0M
- All US Ethereum ETFs had $0 net flows yesterday. This is the first all-zero since ETH ETF inception.
- The total flow for the week is -$12.4M with outflows on 3 days!
- The cumulative total net inflow after 29 trading days now stands at -$477M.
Fig 3. 29-Day Net Inflow of 9 Ethereum ETFs.