On August 22, inflows into spot Bitcoin ETFs amounted to $64.9 million, according to SoSoValue. This positive trend continued for the sixth consecutive day.
Clients withdrew $28.4 million from Grayscale’s GBTC and $11.5 million from Bitwise’s BITB.
The structure of inflows is as follows:
- IBIT from BlackRock — $75.5 million;
- FBTC from Fidelity — $9.2 million;
- ARKB from Ark Invest and 21 Shares — $7.8 million;
- BTCW from WisdomTree — $4.8 million;
- BTC from Grayscale — $4 million;
- HODL from VanEck — $3.4 million.
The cumulative inflow since the approval of BTC-ETF in January has decreased to $17.6 billion.
ETH-ETF
On August 22, the pace of outflows from spot Ethereum ETFs slowed from $18 million to $0.9 million. This negative trend continued for the sixth consecutive day.
The net outflow for the entire period increased to $459 million.
The total withdrawal from the Grayscale Ethereum Trust (ETHE) rose to $2.52 billion. On August 22, the figure increased by $19.8 million.
Inflows into FETH from Fidelity on the last reporting day amounted to $14.3 million, into ETH from Grayscale — $3.7 million, and into ETHV from VanEck — $0.95 million.
No change was recorded in other products.
Earlier, Bloomberg deemed the chances of Solana-ETF approval in 2024 as nil. This was in response to the SEC‘s rejection of proposals to register the instrument from the CBOE.
Previously, Solana-based funds faced a record outflow of $39 million amid a sharp decline in meme-token trading volumes.