According to Farside data, Bitcoin exchange-traded funds (ETFs) received a net inflow of $45.1 million on August 7th, marking the first inflow since August 1st.
The increase in funds was mainly propelled by BlackRock’s IBIT, which had a notable influx of $52.5 million, resulting in a total net inflow of $20.2 billion.
In addition, WisdomTree’s BTCW experienced a $10.5 million influx, while the Grayscale Mini Trust BTC recorded a $9.7 million influx.
Conversely, the Grayscale GBTC encountered a withdrawal of $30.6 million, leading to a cumulative net outflow of $19.2 billion.
It is worth mentioning that no other issuer of ETFs reported any withdrawals of funds. Therefore, the cumulative amount invested in Bitcoin ETFs currently amounts to $17.2 billion.
In contrast, Ethereum ETFs experienced a net withdrawal of $23.7 million, while Grayscale’s ETHE reported a decrease in outflows, totaling $31.9 million.
No other Ethereum ETF has had any outflows since its inception. According to Farside data, the cumulative outflows for Ethereum ETFs have now hit $387.7 million.
