Bitcoin spot ETFs recorded strong inflows on Tuesday with 332.7 million USD, while Ethereum ETFs saw outflows of 135.3 million USD.
According to data from SoSoValue, leading are Fidelity’s FBTC ( +132.7 million USD ) and BlackRock’s IBIT ( +72.8 million USD ). The funds from Grayscale, Ark & 21Shares, Bitwise, VanEck, and Invesco also recorded inflows.
Conversely, Fidelity's FETH fund recorded outflows of 99.2 million USD, while Bitwise’s ETHW lost 24.2 million USD.
Nick Ruck, Director at LVRG Research, stated: "The shift of ETF capital from ETH to BTC indicates that institutional investors are rebalancing their portfolios, taking advantage of Bitcoin's stability amid macroeconomic instability."
In August, Ethereum ETFs outperformed Bitcoin ETFs by attracting $3.87 billion, compared to the net outflow of $751 million from Bitcoin funds. Analysts believe that this momentum comes from staking yields, a gradually clearer regulatory framework, and an increase in ETH holdings in corporate treasuries.
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Bitcoin ETF attracted a net of 332.7 million USD, while Ethereum ETF saw withdrawals of 135 million USD yesterday.
Bitcoin spot ETFs recorded strong inflows on Tuesday with 332.7 million USD, while Ethereum ETFs saw outflows of 135.3 million USD.
According to data from SoSoValue, leading are Fidelity’s FBTC ( +132.7 million USD ) and BlackRock’s IBIT ( +72.8 million USD ). The funds from Grayscale, Ark & 21Shares, Bitwise, VanEck, and Invesco also recorded inflows.
Conversely, Fidelity's FETH fund recorded outflows of 99.2 million USD, while Bitwise’s ETHW lost 24.2 million USD.
Nick Ruck, Director at LVRG Research, stated: "The shift of ETF capital from ETH to BTC indicates that institutional investors are rebalancing their portfolios, taking advantage of Bitcoin's stability amid macroeconomic instability."
In August, Ethereum ETFs outperformed Bitcoin ETFs by attracting $3.87 billion, compared to the net outflow of $751 million from Bitcoin funds. Analysts believe that this momentum comes from staking yields, a gradually clearer regulatory framework, and an increase in ETH holdings in corporate treasuries.