US crypto ETFs show mixed weekly flows as Bitcoin outflows hit $389.7 million

U.S. crypto exchange-traded funds posted divergent flows in the week ended Aug. 14, with spot Bitcoin ETFs recording $389.7 million in net outflows, their largest weekly withdrawal in six weeks, while spot Ethereum ETFs slipped to about $2.25 million to $2.26 million in net outflows, ending a five-week streak of positive weekly flows. Solana ETFs attracted $10.26 million, their strongest weekly inflow since May. XRP ETFs drew $2.25 million, HYPE ETFs added $2.74 million and Dogecoin ETFs lost about $564,840. BlackRock's IBIT remained the largest spot Bitcoin ETF by net assets at nearly $47 billion. Separately, Morgan Stanley disclosed larger second-quarter positions across several Bitcoin, Ethereum and Solana ETF products, and Fidelity proposed adding staking to the Fidelity Ethereum Fund.

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