BlackRock spot Bitcoin and Ethereum ETFs log $91.4 million in net outflows from Aug. 10–14
BlackRock's spot crypto ETFs saw $91.4m of net outflows over Aug 10–14, led by IBIT's $78.9m redemption, with smaller net outflows from ETHA/ETHB. Persistent withdrawals across the broader U.S. spot ETF complex signal softer institutional risk appetite and can translate into reduced underlying spot exposure by funds. Near-term, the flow trend pressures crypto sentiment and liquidity conditions, particularly for BTC.
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Between Aug. 10 and Aug. 14, BlackRock’s spot Bitcoin and Ethereum ETFs recorded $91.4 million in combined net outflows. The iShares Bitcoin Trust (IBIT) accounted for $78.9 million of the withdrawals, while ETHA and ETHB together posted $12.5 million in net outflows. On a daily basis, IBIT saw outflows of $53.6 million on Aug. 10, $14.3 million on Aug. 12, $5.7 million on Aug. 13, and $55.5 million on Aug. 14, pointing to consecutive institutional selling.