Bitcoin ETF Outflows
Spot Bitcoin exchange-traded funds in the United States experienced their third consecutive day of net outflows, with a total of $71.73 million in outflows on Aug. 29. FIdelity’s FBTC and Grayscale’s GBTC saw significant outflows, while BlackRock’s IBIT recorded its first net outflows since May 1.
Ethereum ETF Flows
On the other hand, spot Ethereum ETFs in the U.S. returned to negative flows, with $1.77 million in net outflows on Aug. 29. Grayscale’s ETHE reported outflows, offset by inflows into the Grayscale Ethereum Mini Trust, while other spot Ether ETFs showed no activity on that day.
