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US Spot Bitcoin and Ethereum ETFs Record Net Outflows on August 15

Data shows $14 million in Bitcoin and $59 million in Ethereum outflows from US spot ETFs, reflecting net withdrawals in both digital assets.

Summary

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Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as Bitcoin or Ethereum, rather than derivatives.
  • BTC: Ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.
  • ETH: Ticker symbol for Ethereum, a leading blockchain platform known for its smart contract functionality.