Bitcoin ETFs Struggle with $149M Outflows as Ethereum ETFs Gain $98M Inflows

CoinMarketCap08-07

On August 6, the Bitcoin ETFs again incurred significant outflows while the Ethereum ETFs saw significant inflows. Spot On Chain, a famous on-chain analytics provider, mentioned that the cumulative ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2457891210?lang=en_US&edition=fundamental","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/df9318932e884d348d03b80a2de6abd1.png","is_english":true,"pubTime":"2024-08-07 16:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2457891210","market":"us","top_or_hot":-1,"title":"Bitcoin ETFs Struggle with $149M Outflows as Ethereum ETFs Gain $98M Inflows","media":"CoinMarketCap","content":"<div>\n<p>On August 6, the Bitcoin ETFs again incurred significant outflows while the Ethereum ETFs saw significant inflows. Spot On Chain, a famous on-chain analytics provider, mentioned that the cumulative ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66b33545176cfc44c987c356/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin ETFs Struggle with $149M Outflows as Ethereum ETFs Gain $98M Inflows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin ETFs Struggle with $149M Outflows as Ethereum ETFs Gain $98M Inflows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-07 16:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/66b33545176cfc44c987c356/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On August 6, the Bitcoin ETFs again incurred significant outflows while the Ethereum ETFs saw significant inflows. Spot On Chain, a famous on-chain analytics provider, mentioned that the cumulative ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66b33545176cfc44c987c356/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/66b33545176cfc44c987c356/","article_id":"2457891210","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/df9318932e884d348d03b80a2de6abd1.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2457891210","pubTimestamp":1723020612,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"On August 6, the Bitcoin ETFs again incurred significant outflows while the Ethereum ETFs saw significant inflows. Spot On Chain, a famous on-chain analytics provider, mentioned that the cumu","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","HODL":"VanEck Bitcoin Trust ETF","CETH":"21Shares Core Ethereum ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","ETHV":"Vaneck Ethereum ETF","ETHW":"Bitwise Ethereum ETF","QETH":"Invesco Galaxy Ethereum ETF","BITB":"Bitwise Bitcoin ETF","BK4588":"碎股","GBTC":"Grayscale Bitcoin Trust","IBIT":"iShares Bitcoin Trust","BITO":"ProShares Bitcoin Strategy ETF ","FETH":"Fidelity Ethereum Fund","EZBC":"Franklin Bitcoin ETF","BTC":"Grayscale Bitcoin Mini Trust","ETH":"Grayscale Ethereum Mini Trust","BRRR":"Valkyrie Bitcoin Fund","EZET":"Franklin Ethereum Etf","ETHA":"iShares Ethereum Trust ETF","BK4594":"比特币ETF概念","ARKB":"ARK 21Shares Bitcoin ETF","BTCO":"Invesco Galaxy Bitcoin ETF","BTCW":"WisdomTree Bitcoin Fund","DEFI":"Hashdex Bitcoin ETF","ETHE":"Grayscale Ethereum Trust"},"translate_title":"比特币ETF面临1.49亿美元资金流出，而以太币ETF则获得9800万美元资金流入","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QETH":1,"HODL":1,"GBTC":1,"FETH":1,"FBTC":1,"EZET":1,"EZBC":1,"ETHW":1,"ETHV":1,"ETHE":1,"ETHA":1,"ARKB":1,"ETH":1,"DEFI":1,"CETH":1,"BTCW":1,"BTCO":1,"BTC":1,"BRRR":1,"BITO":1,"BITB":1,"IBIT":0.9},"content_text":"On August 6, the Bitcoin ETFs again incurred significant outflows while the Ethereum ETFs saw significant inflows. Spot On Chain, a famous on-chain analytics provider, mentioned that the cumulative outflows of BTC ETFs reached $149 million with ETH ETFs witnessing $98M in net inflows. The analytics firm took to its official x account to provide the details of these flows in the ETF sector.Bitcoin ETFs See $149M in Outflows, Marking the Consecutive 3rd Day in Terms of Negative FlowsIn its latest X post, Spot On Chain noted that the majority of the BTC ETFs could not add inflows. In this respect, BlackRock (IBIT), Grayscale Mini (BTC), VanEck Mini (HODL), and Bitwise (BITB) saw zero flows. In addition to this, Valkyrie (BRRR), Invesco (BTCW), and WisdomTree (BTCO) also witnessed no flows at all. Moreover, Grayscale Mini has reportedly witnessed its first-ever day with net flows of $0 worth.Nonetheless, the rest of the BTC ETFs went through significant outflows. According to Spot On Chain, Franklin (EZBC) and ARK 21Shares (ARKB) experienced outflows of nearly $23M. Additionally, Grayscale (GBTC) and Fidelity (FBTC) also saw $64.5M in outflows. The respective outflows mark a continuation for a consecutive 3rd day. Keeping that in view, such continued negative flows raise concerns among the investors. The wider market dynamics as well as the regulatory uncertainties concerning have potentially contributed to this situation.In the case of Ethereum ETFs, 4 exchange-traded funds saw substantial inflows. BlackRock (ETHA) led the market with net inflows of up to $109.9M. Fidelity (FETH) experienced $22.5M in terms of inflows. Grayscale Mini (ETH) and Franklin (EZET) followed by adding $4.7M and $1M in net inflows. However, 4 other ETH ETFs did not record any flows at all, including VanEck (ETHV), Bitwise (ETHW), 21Shares (CETH), and Invesco (QETH).ETH ETFs Experience Positive Flows for the 2nd Consecutive Day with Grayscale Witnessing the ATL OutflowsThe only ETH ETF that incurred outflows was Grayscale (ETHE). The exchange-traded fund’s outflows reached $39.7M in total on the 6th of August. According to Spot On Chain, Grayscale’s new outflow denotes a latest all-time low level. The overall flows of ETH ETFs have had a positive outlook for two consecutive days.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2457891210"}