Bitcoin ETFs Wins over Ethereum ETFs in inflows

Spot Bitcoin ETFs had more than $333 million in net inflows on Tuesday, outperforming Ethereum ETFs, which experienced $135 million...

Quick overview

  • Spot Bitcoin ETFs saw over $333 million in net inflows on Tuesday, significantly outperforming Ethereum ETFs, which faced $135 million in withdrawals.
  • Fidelity's FBTC and BlackRock's IBIT were major contributors to Bitcoin's inflows, while Fidelity's FETH accounted for most of Ethereum's losses.
  • Despite recent outflows, Bitcoin's resurgence as 'digital gold' is attracting institutional investment, with total crypto inflows reaching $2.48 billion last week.
  • Economists predict that the current inflow trends could support Bitcoin's price around $108,000, while Ethereum's structure may keep it competitive.

Spot Bitcoin ETFs had more than $333 million in net inflows on Tuesday, outperforming Ethereum ETFs, which experienced $135 million in withdrawals amid continued market uncertainty.

According to SoSoValue statistics, spot bitcoin ETFs saw $332.7 million in net inflows on Tuesday, driven by $132.7 million into Fidelity’s FBTC and $72.8 million into BlackRock’s IBIT. Grayscale, Ark & 21Shares, Bitwise, VanEck, and Invesco all had reported additional inflows yesterday.

Meanwhile, spot Ethereum ETFs saw a total daily net outflow of $135.3 million. Fidelity’s FETH absorbed the majority of the loss, losing $99.2 million, while Bitwise’s ETHW lost $24.2 million. On Friday, ether ETFs experienced outflows of $164 million.

https://sosovalue.com/assets/etf/us-btc-spot/

The reversal followed a robust August for Ethereum funds, with $3.87 billion in inflows compared to $751 million outflows from Bitcoin (BTC) ETFs.

The increased surge in spot Bitcoin ETFs coincides with the resurgence of Bitcoin’s “digital gold” story. ” Bitcoin is once again drawing institutional investment as the digital gold story gathers traction.

Crypto funds recover with $2.48 billion in weekly inflows.

As previously reported, crypto investment products recovered last week, bringing in $2.48 billion in net inflows after a $1.4 billion outflow the week before.

August ended with $4.37 billion in inflows. Year-to-date inflows are already at $35.5 billion, up 58% from the same period in 2024. Total assets under management fell 7% week on week to $219 billion.

In the medium term, economists believe this flow will support Bitcoin’s price around $108,000 and reduce selling pressure. However, experts believe Ethereum’s revenue-generating structure and extended digital asset holdings will keep it ahead of the competition through the end of the year.

Currently, Bitcoin price is at $111,047, down 0.16% from the previous day, while Ethereum is trading at $4,323, down 0.07%.

ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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