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<p><strong>Key points:</strong></p>
<ul>
 <li><em>Spot Bitcoin ETFs reported $202 million in net inflows on Monday, marking their eighth consecutive day of positive flows.</em></li>
 <li><em>Ether ETFs recorded another day of total net outflows.</em></li>
</ul>
<h5 class="wp-block-heading"><strong>Spot Bitcoin ETFs recorded $202.51M in net inflows Monday, extending their 8-day positive streak, while spot ether funds reported their 8th consecutive day of outflows.</strong></h5>
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 <a href="https://coincu.com/wp-content/uploads/2024/08/telegram-cloud-photo-size-5-6228525186152512768-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/08/telegram-cloud-photo-size-5-6228525186152512768-y-1024x576.jpg" alt="Spot Bitcoin ETFs See 8th Day of Inflows Led by BlackRock’s $224M"></a>
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<h2 class="wp-block-heading" id="strong-spot-bitcoin-etfs-extend-positive-streak-strong"><strong>Spot Bitcoin ETFs Extend Positive Streak</strong></h2>
<p>On Monday, U.S. spot Bitcoin ETFs reported $202.51 million in net inflows, marking the eighth consecutive day of positive inflows. Over the past eight trading days, these 12 Bitcoin funds have accumulated $756 million in inflows. BlackRock’s IBIT fund led the way with $224.06 million, the largest daily inflow since July, according to&nbsp;<a href="https://sosovalue.xyz/assets/etf/us-btc-spot" rel="noopener noreferrer nofollow">data</a>&nbsp;from SoSoValue.</p>
<p>Other smaller inflows came from Franklin Templeton’s EZBC with $5.52 million and WisdomTree’s BTCW with $5 million. Meanwhile, several funds, including Bitwise’s BITB and Fidelity’s FBTC, saw outflows of $16.61 million and $8.33 million, respectively. The total trading volume of these spot Bitcoin ETFs fell to $1.2 billion on Monday from $3.12 billion last Friday.</p>
<p style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://coincu.com/279551-spot-bitcoin-etfs-gain-65m-in-net-inflows/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin ETF Inflows Get a Boost as BTC Price Surpasses $64,000</a></strong></p>
<h2 class="wp-block-heading" id="strong-ether-funds-see-continued-outflows-strong"><strong>Ether Funds See Continued Outflows</strong></h2>
<p>In contrast to the performance of spot Bitcoin ETFs, U.S. spot ether funds reported their eighth consecutive day of outflows, with a total of $13.23 million in net outflows on Monday. Grayscale’s ETHE led the losses with $9.52 million in outflows, followed by Fidelity’s FETH, which recorded $2.69 million in outflows, and Franklin Templeton with $1.02 million.</p>
<p>No ether ETFs reported positive inflows on Monday, and the trading volume for ether funds fell to $125.73 million. Since inception, ether funds have accumulated $477.88 million in net outflows, according to <a href="https://www.theblock.co/post/313124/blackrock-ibit-leads-spot-bitcoin-etf-inflow-200-million" rel="noopener noreferrer nofollow">TheBlock</a>.</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 See 8th Day of Inflows Led by BlackRock’s $224M

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