HODL

Bitcoin ETF

Bitcoin

Spot

<p><strong>Key Points:</strong></p>  
<ul class="wp-block-list">
 <li><em>U.S. spot bitcoin ETFs recorded $64.91 million in net inflows on Thursday, while spot Ethereum ETFs saw $874,610 exit the funds.</em></li>  
 <li><em>BlackRock’s IBIT experienced net inflows, while Grayscale’s GBTC continued its outflows.</em></li> 
</ul>  
<h5 class="wp-block-heading"><strong>Spot Bitcoin ETFs reported $64.91M in net inflows Thursday, extending positive flows to six days, with BlackRock’s IBIT leading at $75.49M in inflows.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/08/telegram-cloud-photo-size-5-6215233765609946423-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/08/telegram-cloud-photo-size-5-6215233765609946423-y-1024x576.jpg" alt="Spot Bitcoin ETFs Gain $65M in Net Inflows, Extending Streak" class="wp-image-279556"></a>
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<h2 class="wp-block-heading" id="strong-spot-bitcoin-etfs-continue-positive-streak-strong"><strong>Spot Bitcoin ETFs Continue Positive Streak</strong></h2>  
<p>US spot Bitcoin ETFs extended their streak of positive inflows to six consecutive days on Thursday, with $64.91 million in net inflows. BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, led inflows <span style="margin: 0px;padding: 0px">of $75.49 million, according to&nbsp;<a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noopener noreferrer nofollow">data</a>&nbsp;from SoSoValue</span>. Fidelity’s FBTC saw inflows of $9.23 million, followed by Ark and 21Shares’ ARKB with $7.83 million.</p>  
<p>Other notable inflows included WisdomTree’s BTCW at $4.8 million, Grayscale at $4 million, and VanEck’s HODL at $3.41 million. However, Grayscale’s GBTC saw significant outflows of $28.36 million, and Bitwise’s BITB recorded $11.5 million in net outflows. Despite the continued inflows, the total daily trading volume of the 12 spot Bitcoin ETFs fell to $889.67 million, down from Wednesday’s $1.42 billion.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/142406-tron-usdd-to-warned-as-unsafe-trx-falling/" target="_blank" rel="noopener noreferrer nofollow">Spot Bitcoin ETFs See 5th Straight Day of $39M in Positive Flows</a></strong></p>  
<h2 class="wp-block-heading" id="strong-ether-etfs-see-mixed-flows-amid-modest-outflows-strong"><strong>Ether ETFs See Mixed Flows Amid Modest Outflows</strong></h2>  
<p>While Bitcoin ETFs maintained positive momentum, spot Ether ETFs saw modest outflows on Thursday, reporting $874,610 in net outflows. Grayscale Ethereum Trust (ETHE) continued its negative outflow streak, recording $19.84 million in outflows.</p>  
<p>Fidelity’s FETH, on the other hand, led inflows into Ether ETFs with $14.33 million. Grayscale Ethereum Mini Trust followed with $3.68 million, while VanEck’s ETHV recorded $954,100 in inflows. The remaining five spot Ether ETFs reported no inflows or outflows. Daily trading volume for Ether ETFs dropped significantly to $93.87 million, down from $201 million on Wednesday.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Spot Bitcoin ETFs Gain $65M in Net Inflows, Extending Streak

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