Aug 23, 04:01
SOC Team
US Bitcoin and Ethereum ETF Net Inflows Update on August 22, 2024
The US Spot ETF Net Inflows on August 22, 2024, are recorded at +$65M for BTC and -$0.8M for ETH.
Fig 1. The US Bitcoin and Ethereum ETF inflows.
1. Key statistics for 11 Bitcoin Spot ETFs: +$65M
- The net flow has been positive for 6 consecutive trading days.
- BlackRock's iShares Bitcoin Trust (IBIT) saw a big inflow of $75.5M again after a stagnant day.
- Grayscale Bitcoin Trust (GBTC) had a bigger outflow yesterday, from $9.8M to $28.4M.
- The cumulative total net inflow after 155 trading days now stands at $17.62B.
Fig 2. 30-Day Net Inflow of 11 Bitcoin ETFs.
2. Key statistics for 9 Ethereum Spot ETFs: -$0.8M
- The net flow has been negative for 6 consecutive trading days.
- Fidelity Ethereum Fund (FETH) continued to lead the inflow side for the second day.
- Grayscale Ethereum Trust (ETHE) saw a lower outflow yesterday, from $31.1M to $19.8M.
- The cumulative total net inflow after 23 trading days now stands at -$459M.
Fig 3. 23-Day Net Inflow of 9 Ethereum ETFs.