U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot Ethereum ETFs experienced a loss of $13.23 million during the same trading session.
U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot Ethereum ETFs experienced a loss of $13.23 million during the same trading session.
On Aug. 26, the 12 spot bitcoin ETFs together pulled in $202.51 million, according to sosovalue.xyz data. Blackrock’s IBIT led the pack, raking in $224.06 million. Franklin Templeton’s EZBC added $5.52 million, while Wisdomtree’s BTCW saw $5.06 million in inflows.
On the flip side, Bitwise’s BITB shed $16.61 million, followed by Fidelity’s FBTC, which lost $8.33 million. Vaneck’s HODL also took a hit, dropping $7.18 million. GBTC, BTC, ARKB, BRRR, BTCO, and DEFI remained flat, with no gains or losses recorded. Monday’s inflows pushed the 12 ETFs’ cumulative net inflows to $18.08 billion.
On Aug. 26, $1.20 billion was traded, and the combined BTC reserves held by these ETFs now total $58.47 billion, representing 4.67% of bitcoin’s total market value. Ethereum ETFs had a rough Monday, recording $13.23 million in outflows, according to sosovalue.xyz.
The day’s downturn brings the total net outflows since July 23 to $477.88 million. None of the nine ETH ETFs posted gains, and three funds saw outflows, including Grayscale’s ETHE, which dropped $9.52 million.
Fidelity’s FETH shed $2.69 million, and Franklin Templeton’s EZET recorded a $1.02 million outflow. On Monday, approximately $125.73 million was traded, and the nine ETH ETFs currently hold $7.46 billion in reserves, equating to 2.31% of ethereum’s total market valuation.
What do you think about the spot bitcoin and ether ETF action on Monday? Share your thoughts and opinions about this subject in the comments section below.
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