Aug 07, 03:45
SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on August 6, 2024
The US Spot ETF Net Inflows on August 6, 2024, are recorded at -$149M for BTC and +$98M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: -$149M
- The net inflow has been negative for 3 consecutive days.
- No US Bitcoin ETF saw an inflow yesterday. Especially, Grayscale Bitcoin Mini Trust (BTC) had the first $0 net flow ever.
- The cumulative total net inflow after 143 trading days now dropped back $17.19B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: +$98M
- The net flow remains positive for 2 consecutive days.
- Grayscale Ethereum Trust (ETHE) recorded a new all-time low outflow of $39.7M.
- BlackRock's iShares Ethereum Trust (ETHA) had the largest inflow yesterday at $110M, followed by Fidelity Ethereum Fund (FETH) with an inflow of $22.5M.
- The cumulative total net inflow after 11 trading days now rose to -$364M.
Fig 3. 11-Day Net Inflow of 9 Ethereum ETFs.