Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Freetrade looks to shake up the mutual funds market
    • Why These 2 Crypto ETFs Could Soar After the Sell-Off
    • Llandrindod Wells groups which may have land available for tree planting will be told of potential funds
    • Deborah Roberts on the ‘Unbreakable Bonds’ With Our Sisters, Co-Anchoring ’20/20′ and What Kind of Husband Al Roker Is [Exclusive]
    • Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike
    • Investors pull cash from CLO ETFs in biggest outflow since April
    • Dynamic announces October 2025 cash distributions for Dynamic Active ETFs and ETF Series
    • The Celebrity Traitors cast closest bonds and secret connections outside of castle
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»ETFs»Only Inflows for Bitcoin but Ethereum Products Register Longest Outflow Streak
    ETFs

    Only Inflows for Bitcoin but Ethereum Products Register Longest Outflow Streak

    August 25, 2024


    Bitcoin ETFs have been on an impressive streak lately, and the last trading week saw more than $500 million allocated to the largest US-based products.

    However, Ethereum ETFs are in the opposite corner, with minor trading volumes and withdrawals.

    Bitcoin ETFs on a Roll

    The spot Bitcoin ETFs had a rough start of the month as they lost more than $550 million in just three days on August 2, 5, and 6. This coincided with the major crash for BTC as the asset tumbled from over $65,000 to under $50,000 in just a few days.

    However, both the inflows and the cryptocurrency’s price started to recover in the following weeks. In fact, there have been only two days since then when investors have pulled out funds from the US-based spot ETFs – on August 9 and 14.

    The past week was quite impressive for the financial vehicles as they attracted in total $62.1 million on Monday, $88 million on Tuesday, $39.5 million on Wednesday, $64.8 million on Thursday, and whopping $252 million on Friday. Overall, $506.4 million entered the ETFs in the span of five trading days.

    As usual, BlackRock’s IBIT was at the forefront on most days, gaining $92.7 million on Monday and $86.8 million on Friday. In contrast, Grayscale’s GBTC continues its outflow streak with $12.8 million leaving on Tuesday, $9.8 million on Wednesday, $28.4 million on Thursday, and $35.6 million on Friday.

    According to FarSide, BlackRock’s Bitcoin ETF now holds more than $20.7 billion, while Grayscale’s ETF trails by nearly $1 billion.

    Ethereum ETFs in the Red

    It has been three weeks since the spot Ethereum ETFs launched in the States, but the experience has been entirely different compared to their Bitcoin counterparts. In fact, the ETH-based products have been on a seven-day withdrawal streak even though the numbers are quite low. However, that only demonstrates that the demand and interest in those products are lacking.

    Grayscale’s ETHE has seen withdrawals in 13 out of the 14 days the ETFs have been live for trading. Overall, all Ethereum ETFs have been in the red in 10 out of the 14 trading days.

    The past week saw $13.5 million taken out on Monday, $6.5 million on Tuesday, $18 million on Wednesday, $0.8 million on Thursday, and $5.7 million on Friday. BlackRock’s ETHA, the first newly launched fund to surpass the $1 billion mark, saw inflows only on Monday ($26.8 million), while Fidelity’s FETH had a strong Thursday, with $14.3 million in net flows.

    The data from above only confirms a previous statement that the spot Ethereum ETFs are not like the Bitcoin ETFs, at least for now.

    SPECIAL OFFER (Sponsored)

    Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

    LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Why These 2 Crypto ETFs Could Soar After the Sell-Off

    October 21, 2025

    Investors pull cash from CLO ETFs in biggest outflow since April

    October 21, 2025

    Dynamic announces October 2025 cash distributions for Dynamic Active ETFs and ETF Series

    October 21, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Why These 2 Crypto ETFs Could Soar After the Sell-Off

    October 21, 2025

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    Thursday 02 October 2025 8:00 am  |  Updated:  Thursday 02 October 2025 8:09 am Share Facebook…

    Why These 2 Crypto ETFs Could Soar After the Sell-Off

    October 21, 2025

    Llandrindod Wells groups which may have land available for tree planting will be told of potential funds

    October 21, 2025

    Deborah Roberts on the ‘Unbreakable Bonds’ With Our Sisters, Co-Anchoring ’20/20′ and What Kind of Husband Al Roker Is [Exclusive]

    October 21, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Global SIP Based IP PBX Market Size & Share Analysis

    August 10, 2024

    Tempus Investments Launches in Latin America to Distribute BNY Funds

    October 31, 2024

    Top SBI large vs mid vs small cap SIP mutual funds: Know which has given best return on Rs 20,000 monthly SIP

    July 15, 2024
    Our Picks

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    Why These 2 Crypto ETFs Could Soar After the Sell-Off

    October 21, 2025

    Llandrindod Wells groups which may have land available for tree planting will be told of potential funds

    October 21, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.