ETH Spot ETF Sees $3.9 Billion in Inflows; BTC Spot ETF Faces $750 Million Outflows
According to Cointelegraph via BlockBeats, U.S. Ethereum spot ETFs set a monthly record with $3.87 billion net inflows, while Bitcoin spot ETFs posted $751 million net outflows, reflecting a divergence in investor demand.
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Summary
U.S. Ethereum spot ETFs recorded a record $3.87 billion in cumulative net inflows in August, while U.S. Bitcoin spot ETFs saw $751 million in net outflows, according to Cointelegraph as cited by BlockBeats. The figures highlight contrasting investor flows between ETH and BTC ETFs during the month.
Terms & Concepts
- Spot ETF: An exchange-traded fund that holds the underlying asset directly, providing price exposure without derivatives.