Farside Investors Reports $222M Ethereum and $277M Bitcoin Spot ETF Inflows

Recent data reveals Bitcoin spot ETFs saw a total net inflow of $404M on August 8, led by BlackRock's IBIT at $360M, while Ethereum spot ETFs recorded $222M, illustrating robust investor interest.

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Summary

According to PANews on August 9, Bitcoin spot ETFs experienced a total net inflow of $404 million on August 8 (ET), with BlackRock's IBIT accounting for $360 million and a historical total inflow of $57.786 billion. Fidelity ETF FBTC contributed $30.4889 million, reaching a historical total of $12.028 billion. The overall Bitcoin spot ETF market now holds a total net asset value of $150.697 billion, an ETF net asset ratio of 6.48%, and a historical cumulative net inflow of $54.426 billion. Additionally, earlier data from Farside Investors reported $222 million inflows for Ethereum spot ETFs.

Terms & Concepts
  • Spot ETF: An ETF that holds the underlying asset directly, providing immediate exposure to its price movements.
  • Net Inflows: The total new capital invested in a financial instrument after accounting for withdrawals.