U.S. spot Bitcoin ETFs post $265.4M net outflow; Ethereum ETFs take in $9M

AI Market Summary
U.S. spot Bitcoin ETFs posted a sizeable $265.4M net outflow, led by IBIT and FBTC, signaling near-term demand softening through the ETF channel and potentially tightening marginal liquidity. In contrast, Ethereum ETFs recorded a modest $9M net inflow, indicating relatively steadier positioning in ETH-linked products. The flow divergence may affect cross-asset sentiment and short-term relative performance across majors.
Impact level
● Medium
Affected assets
BTC/USDT-2.02%
AI Insight · BTC/USDTAI Insight
● Neutral
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U.S. spot Bitcoin exchange-traded funds saw net redemptions of $265.4 million on August 1, ChainThink said, citing data from Farside Investors. BlackRock's IBIT led the outflows with $122.7 million, followed by Fidelity's FBTC at $54.8 million. Over the same period, Ethereum ETFs drew net inflows of $9 million. ETHB posted the largest contribution, adding $15.4 million.