U.S. Bitcoin and Ethereum ETFs Experience Significant Net Inflows

On August 1, Bitcoin and Ethereum spot ETFs recorded substantial outflows, signaling a shift in investor sentiment and caution in the market.

BTC
ETH

Summary

On August 1, Bitcoin spot ETFs in the U.S. faced a notable net outflow of $812.3 million, the highest in five months, while Ethereum ETFs saw a $152.3 million outflow. This trend indicates a growing caution among investors following a month of record inflows in July.

Terms & Concepts
  • Net outflows: The total amount of money withdrawn from an investment fund, indicating reduced investor interest or confidence.
  • Bitcoin Spot ETF: An exchange-traded fund that tracks the price of Bitcoin, allowing investors to gain exposure without directly holding the cryptocurrency.
  • Ethereum Spot ETF: An exchange-traded fund that tracks the price of Ethereum, allowing investors to gain exposure without directly holding the cryptocurrency.