Economy

BTC ETFs Return to Inflows After Four Days of Outflows

On Wednesday, August 6, the inflow of funds into the US Bitcoin-funds returned to positive values after four days of outflow, according to SoSoValue data, ETF raised a total of $91,5 million.

BlackRock’s IBIT led the way in net inflows, raising $42 million from investors, followed by Bitwise’s BITB with $26,35 million. Grayscale’s GBTC also reported $14,5 million in inflows, with funds from Fidelity and VanEck also posting positive inflows on the day. Meanwhile, ARKB’s Ark and 21Shares recorded an outflow of $5,37 million.

This happened after bitcoin ETF Over $1,45 billion was withdrawn in four days.

Return to net inflows for spot bitcoin ETF indicate renewed investor confidence, signaling that Bitcoin’s recent consolidation may be attracting buyers at current levels, said LVRG director Nick Ruck.

He added that the influx of funds into ETF remains a key indicator of institutional investor sentiment, which is now «balancing factors like Fed policy with broader risk sentiment, balancing short-term volatility with longer-term trends.»

Spot on Wednesday эфириум-funds also reported $35,12 million in inflows. BlackRock’s ETHA reported $33,39 million, while Grayscale’s ETHE reported $10 million. Mini Ethereum Grayscale’s Trust saw net outflows of $8,67 million.

Source

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