Bitcoin ETFs Drain $145M Amid Mixed Crypto Fund Flows
US spot Bitcoin ETFs saw a significant $145 million outflow on August 10, while Ethereum ETFs posted $14.6 million in net withdrawals.
The data, reported by WuBlockchain, shows that investors adjusted their positions across U.S.-listed spot Bitcoin funds, reviewing market conditions and reducing exposure to both crypto ETF markets.
However, Grayscale's Bitcoin Mini Trust bucked the trend with $37.06 million in net inflows, making it the strongest inflow among Bitcoin products for the day.
Ethereum ETFs also experienced a decline in investment, with Grayscale's Ethereum Mini Trust being an exception, recording $8.59 million in inflows.