Bitcoin ETFs Still Seeing Solid Inflows as Ethereum ETF Exodus Continues

Bitcoin ETFs Still Seeing Solid Inflows as Ethereum ETF Exodus Continues

Spot Bitcoin ETFs in the US saw an aggregate inflow of $202.6 million on Monday, Aug. 26, according to preliminary data from Farside Investors.
This marks the second-largest day of inflows for the month and the eighth consecutive day in green for the investment products.
Additionally, 12 of the past 14 trading days have seen positive flows for the spot Bitcoin ETFs despite the underlying asset failing to move higher.
Bitcoin ETFs Still Popular
The BlackRock iShares Bitcoin Trust (IBIT) led the pack with its largest daily inflow since July 22 with $224 million inflows. The Franklin Bitcoin ETF (EZBC) and the WisdomTree Bitcoin Fund (BTCW) were the only other two funds to see net inflows of $5.5 million and $5.1 million, respectively.
ETFs from Fidelity, Bitwise, and VanEck had a total net outflow of $32 million together. Meanwhile, Grayscale’s two ETFs, GBTC and BTC, had net zero flows for the day.
Bitcoin ETF Flow (US$ million) – 2024-08-26
TOTAL NET FLOW: 202.6
IBIT: 224.1FBTC: –

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We współpracy z: https://cryptopotato.com/bitcoin-etfs-still-seeing-solid-inflows-as-ethereum-etf-exodus-continues/

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