HODL

Franklin

Spot

Reported by The Block: U.S. spot bitcoin ETFs reported $202 million in net inflows on Monday, marking their eighth consecutive day of positive flows.
Ether ETFs recorded another day of total net outflows.
Spot bitcoin exchange-traded funds in the U.S. saw $202.51 million in total daily net inflows on Monday, marking their eighth consecutive day of positive flows. &nbsp;The 12 bitcoin funds have drawn in $756 million over the past eight trading days.
Monday’s largest net inflows came from BlackRock’s IBIT fund, totaling $224.06 million, its largest daily inflows since July 22, according to data from SoSoValue. &nbsp;Two other funds saw smaller net inflows: Franklin Templeton’s EZBC recorded $5.52 million and WisdomTree’s BTCW logged $5 million in net inflows.
Bitwise’s BITB recorded outflows of $16.61 million, the largest net outflows on Monday, followed by $8.33 million from Fidelity’s FBTC. &nbsp;VanEck’s HODL also saw $7.18 million move out of the fund. &nbsp;The six other funds, including Grayscale’s GBTC, experienced zero flows for the day.
The spot bitcoin funds' trading volume shrank to $1.2 billion yesterday from $3.12 billion last Friday, reverting to typical levels. &nbsp;The funds have accumulated total net inflows of $18.08 billion since their January inception.
Ether continues to experience outflows Meanwhile, U.S. spot ether funds remained on the opposite track, reporting their eighth consecutive day of negative flows.
Monday saw $13.23 million in net outflows from ether funds, led by $9.52 million from Grayscale’s ETHE. &nbsp;Fidelity’s FETH saw outflows of $2.69 million, while Franklin Templeton reported $1.02 million in net outflows. &nbsp;No spot ether ETFs recorded positive flows on Monday.
Spot ether funds saw $125.73 million in trading volume on Monday. &nbsp;They have accumulated total net outflows of $477.88 million.

Spot bitcoin ETFs see eighth day of inflows, led by BlackRock's $224 million

TokenInsight

Other articles published on Aug 27, 2024

Weekly Article Recap: 8/12-8/16

SUPRA.com To Put On Key Event At Korea Blockchain Week (27 Aug)

Toncoin’s Price Dips and Open Interest Rises in Wake of Pavel Durov’s Arrest

Vitalik Buterin Reveals How Much of His Wealth He Keeps in Ethereum, Talks About ETH Foundation’s...

BTC Faces Resistance and ADA Coin Struggles

Binance Executives' Money Laundering Trial Advanced to September 2 in Nigeria Amid Controversy

Join our free newsletter for daily crypto updates!