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Aug 10, 2024
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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.