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Bitcoin Sees Modest Inflow as Ethereum Extends Outflows Amid Cryptocurrency Market Pressure

Guavy AI Editorial Team
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Crypto ETFs recorded mixed flows on August 3 as Bitcoin saw modest inflows while Ethereum extended outflows. US spot Bitcoin ETFs attracted $26.3 million in net inflows, reversing the heavy redemptions recorded at the end of the previous week.

The recovery was relatively modest compared with earlier inflow sessions, indicating that institutional demand remains selective following Bitcoin’s recent decline toward the $62,000 level.

Spot Ethereum ETFs moved in the opposite direction, recording $106.1 million in net outflows, extending a recent slowdown after Ethereum products significantly outperformed Bitcoin ETFs throughout July.

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