U.S. spot Bitcoin ETFs post $144.6 million net outflow; spot Ethereum ETFs lose $14.6 million
AI Market Summary
U.S. spot Bitcoin ETFs posted a $144.6m net outflow, led by withdrawals from IBIT, FBTC, BITB and GBTC, signaling weaker near-term demand from a key institutional channel. Spot Ethereum ETFs also saw a smaller $14.6m net outflow, concentrated in ETHA. The flow mix suggests risk appetite cooled, potentially tightening incremental liquidity support for both BTC and ETH in the short term.
Impact level
● Medium
Affected assets
BTC/USDT-1.99%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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U.S. spot Bitcoin ETFs logged a combined net outflow of $144.6 million on August 11, data cited by ChainThink from Farside Investors showed. BlackRock's IBIT led redemptions with $53.6 million in net outflows, followed by Fidelity's FBTC at $40.3 million and Bitwise's BITB at $28.4 million. Grayscale's GBTC also saw $52 million leave the fund, while Grayscale's BTC product recorded a $37.1 million net inflow.
U.S. spot Ethereum ETFs reported net outflows of $14.6 million for the day. ETHA posted $23.8 million in net outflows.
