Bitcoin

<a href="https://optimisus.com/news/crypto-news/bitcoin-btc-jumps-to-nearly-64k/" rel="noopener noreferrer nofollow">Bitcoin ETFs</a> experienced outflows totaling $105.3 million, with six out of 11 ETF issuers losing $59.3 million. Fidelity’s FBTC saw a $10.4 million outflow, while Bitwise’s BITB and VanEck’s HODL lost $8.7 million and $10.1 million, respectively.Grayscale’s products also experienced outflows, with $8.0 million and $8.8 million withdrawn from GBTC and BTC, respectively. BlackRock’s IBIT did not register any outflows.The total net inflow for Bitcoin ETFs remains positive at $17.85 billion. Ethereum ETFs have shown a slight positive shift, with $5.9 million coming in, but Grayscale’s ETHE continued to see outflows at a reduced rate of $3.8 million.Note that the <a href="https://optimisus.com/news/crypto-news/bitcoin-etfs-see-a-252-million-inflow-signaling-strong-investor-confidence/" rel="noopener noreferrer nofollow">U.S. exchange-traded funds</a> market experienced significant changes on August 23, 2024, with Bitcoin ETFs experiencing a substantial influx of $252 million and Ethereum ETFs experiencing an outflow of $5.7 million.The iShares Bitcoin Trust, managed by BlackRock, attracted $86.8 million, making it the top recipient of Bitcoin ETF inflows.

The US Bitcoin ETFs see over $106 million outflow

Optimisus

Other articles published on Aug 29, 2024

California AI regulation bill advances to Governor’s desk

US Spot Bitcoin ETFs See $127 Million in Net Outflows, Ending Eight-Day Inflow Trend

Cardano Price News: ADA Eyes $0.50 After 4% Daily Gain

Ethereum Price Plunges 24%: Rebound or More Losses to Come?

Expert is bullish on Shiba Shootout as the next big P2E crypto game

Altcoins Mirror Bitcoin’s Movements as Market Confidence Grows

Join our free newsletter for daily crypto updates!