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Crypto ETF Flows Reverse on August 10 as Bitcoin Funds Lose…
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FinanceFeeds
Crypto ETF Flows Reverse on August 10 as Bitcoin Funds Lose $145 MillionEnglish 繁體中文한국어ไทยItalianoPortuguêsDeutschEspañolFrançaisUS cryptocurrency exchange-traded funds started the new week on a weaker footing on August 10, with spot Bitcoin ETFs recording approximately $144.6 million in net outflows and spot Ethereum ETFs losing another $14.6 million.
US Bitcoin ETFs attracted roughly $854 million between August 3 and August 7, while Ether ETFs brought in approximately $245 million.
BlackRock’s iShares Bitcoin Trust, IBIT, recorded the largest Bitcoin ETF redemption of the session, with approximately $53.56 million leaving the fund.
Across the entire US spot Bitcoin ETF complex, net redemptions reached roughly $145 million.
During the previous trading week, Bitcoin ETFs recorded positive flows across all five sessions, accumulating approximately $854 million.