Crypto
Bitcoin ETF Outflows Reversal as Spot Ether Funds Keep Buying
US spot Bitcoin ETFs ended their inflow streak on August 28, while spot Ether funds continued to attract fresh money. According to SoSoValue data, US spot Ether ETFs recorded combined net inflows of $102.18 million on that day, extending their buying streak to 10 straight trading days.
BlackRock's ETHA led the gains with $83.79 million in net inflows, while BlackRock's ETHB added another $42.64 million. Fidelity's FETH, however, posted net outflows of $24.26 million.
In contrast, US spot Bitcoin ETFs recorded net outflows of $201.81 million on the same day, ending a nine-trading-day inflow streak that also began on August 17. The total cumulative net inflows into US spot Ether ETFs rose to $12.97 billion over the past 10 trading days.