Bitcoin and Ethereum ETFs See Consecutive Inflows on 2nd Day
The crypto market has witnessed a renewal in ETF interest concerning Ethereum and Bitcoin. Spot On Chain, a popular on-chain analytics platform reported that the BTC and ETH exchange-traded funds have witnessed substantial inflows on the 13th of August, denoting the 2nd consecutive day with positive development.
The crypto market has shown a renewed interest in ETF for Bitcoin and Ethereum.
Spot On Chain, a popular on-chain analytics platform, reported that BTC and ETH exchange-traded funds saw a significant inflows on August 13, marking the second consecutive day of positive performance.
The analytics provider took to its official X account to share the details of these inflows.
Bitcoin and Ethereum ETFs See Consecutive Inflows on 2nd Day
Spot On Chain noted in its exclusive X post that Bitcoin ETFs added $39M, while Ethereum ETFs gained $24M.
This development highlights continued investor confidence in ETFs.
Specifically, Bitcoin’s ETF market saw a net inflow of $39M on August 13, continuing a positive trend compared to the previous day.
iShares Bitcoin Trust (IBIT) dominated the ETF segment with an inflow of $34.5M.
This large amount of funds shows strong demand from investors at the institutional level.
BlackRock’s continued dominance in the BTC ETF space indicates increasing trust, especially from large-scale investors who might be considering Bitcoin as an avenue for long-term investment.
However, the market also saw some outflows, with Grayscale’s Bitcoin Trust recording the largest outflow on August 13 at $28.6M.
Despite this, the overall flow was positive, indicating a continuation of the bullish momentum in the ETF market.
The consecutive two days of positive flows suggest a potential bullish trend for Bitcoin ETFs.
Overall Positive ETF Flows Show a Shift in Investor Sentiment
The investors are preparing for further gains in the ETF market.
Ethereum ETFs also saw a large addition of funds, with these ETFs seeing a net inflow of $24M on August 13.
This continues a trend that began the previous day, marking the second day of consecutive positive flows for ETH ETFs.
Grayscale’s Ethereum Trust saw a large outflow of $31M.
Renewed outflows from Grayscale are highlighting a shift in investor sentiment toward Ethereum.
On the other hand, iShares Ethereum Trust by BlackRock saw a net inflow of $49.1M after a day with $0 net flow.
According to Spot On Chain, investor sentiment for Bitcoin and Ethereum ETFs remains strong despite the sideways performance of ETFs like Grayscale.
The above is the detailed content of Bitcoin and Ethereum ETFs See Consecutive Inflows on 2nd Day. For more information, please follow other related articles on the PHP Chinese website!
amazon project kuiper satellite launchApr 10, 2025 pm 05:36 PMAmazon's Project Kuiper satellite launch was postponed due to unfavorable weather conditions. The delay was likely influenced by factors such as high-altitude wind shear, lightning threats, and high surface winds, which are common hazards in space launches. This postponement highlights the need for meticulous planning and flexibility in the unpredictable environment of space operations.
Is Wall Street Quietly Backing Solana? $42 Million Bet Says YesApr 10, 2025 pm 12:43 PMA group of former Kraken executives acquired U.S.-listed company Janover, which secured $42 million in venture capital funding to begin building a Solana (SOL) treasury.
Kevin O'Leary Urges Trump to Impose 400% Tariff on Chinese GoodsApr 10, 2025 pm 12:35 PMCanadian businessman and investor Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior t
Regulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assetsApr 10, 2025 pm 12:27 PMU.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to remove regulatory barriers
China and Russia Have Started to Settle Some Trade Deals Using BitcoinApr 10, 2025 pm 12:19 PMAccording to a report by VanEck, China and Russia have started to settle some trade deals using Bitcoin.
Skybridge Capital's founder warns China is preparing fierce economic retaliation as the U.S. slaps 125% tariffs on Chinese goods, signaling currency shocks, massive stimulus, and financial warfare.Apr 10, 2025 pm 12:03 PMucci Outlines 5-Point Forecast on China's Next Moves Amid Rising Trade Tensions
Ethereum (ETH) Underperforms Bitcoin (BTC)Apr 10, 2025 pm 12:01 PMunderperformed Bitcoin on 85% of all trading days since it launched in 2015. The ETH/BTC ratio, which tracks the value of Ether relative to Bitcoin, dropped to a five-year low of 0.018
President Trump's Tariff Announcement Sent Bitcoin Dropping 5.4%Apr 10, 2025 am 11:53 AMIn the world of cryptocurrencies, few events can shake things up like big government decisions. President Trump's recent tariff announcement did exactly that
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
AI Hentai Generator
Generate AI Hentai for free.
Hot Article
Hot Tools
VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft
SublimeText3 Mac version
God-level code editing software (SublimeText3)
SecLists
SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.
SublimeText3 English version
Recommended: Win version, supports code prompts!
Dreamweaver CS6
Visual web development tools
