Net Inflow of US BTC Spot ETF on the Previous Day; Net Outflow of ETH ETF

IconCryptoNewsTerminal Staff22 Aug, 2024

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Net Inflow of US BTC Spot ETF on the Previous Day; Net Outflow of ETH ETF

Net Inflow of US BTC Spot ETF on the Previous Day According to data from financial information platform Farside Investors, approximately $39.5 million was invested in US BTC spot ETFs on the 21st (local time). BlackRock IBIT accounted for $8.4 million, Fidelity FBTC accounted for $10.7 million, and Bitwise BITB amounted to $10 million. $9.8 million was withdrawn from Grayscale GBTC. Net Outflow of ETH ETF Meanwhile, it was reported that $18 million was withdrawn from US Ethereum spot ETFs. Fidelity FETH ($7.9 million), Grayscale ETH ($4.2 million), and Franklin Templeton EZET ($1 million) experienced inflows, while $31.1 million was withdrawn from Grayscale ETHE. There were no net inflows or outflows for the remaining ETFs.