Sign in

Token BTC
Token ETH

Aug 10, 2024

SOC logo

SOC Team

US Bitcoin and Ethereum ETF Net Inflows Update on August 9, 2024

Outflow

The US Spot ETF Net Inflows on August 9, 2024, are recorded at -$90M for BTC and -$16M for ETH.

 

Fig 1. The US Bitcoin and Ethereum ETF inflows.

 

1. Key statistics for 11 Bitcoin Spot ETFs: -$90M

  • The 10 US Bitcoin ETFs saw a total outflow of $177M this week (outflows on 3/5 trading days).
  • 3 big Bitcoin ETFs, including BlackRock's iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), and Bitwise Bitcoin ETF (BITB), all saw sharp drops in their net flows yesterday.
  • The cumulative total net inflow after 146 trading days now stands at $17.34B.

 

Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.

 

2. Key statistics for 9 Ethereum Spot ETFs: -$16M

  • The 9 ETH ETFs saw a total inflow of $105M in the 3rd trading week (inflows on 2/5 trading days).
  • Grayscale Ethereum Trust (ETHE) saw the first increased outflow in the past 7 days, from $19.8M to $41.7M (x2).
  • The cumulative total net inflow after 14 trading days now dropped to -$406M.

 

Fig 3. 14-Day Net Inflow of 9 Ethereum ETFs.

#eth
#ethereum
#ethereum etf
#eth etf
#bitcoin
#btc
#etf
#bitcoin etf
#daily net total inflow
#blackrock
#grayscale