US Bitcoin ETFs saw a positive inflow after a week of redemptions, with $219 million flowing in on Aug. 25, according to Coinperps data. Fidelity, BlackRock, and Ark 21Shares led the rebound, attracting over $60 million each. Fidelity’s FBTC received $65.6 million, BlackRock’s IBIT got $63.4 million, and Ark’s ARKB saw $61.2 million in inflows. Bitwise’s BITB, Grayscale’s Bitcoin Trust, and VanEck’s HODL also received smaller allocations. In contrast, ETFs by Invesco, Valkyrie, WisdomTree, and Franklin Templeton did not attract any new capital on that day.
This positive trend follows a period of significant outflows in mid-August, where the funds lost approximately $1.2 billion. This recent shift suggests that some investors are optimistic about Bitcoin’s prospects despite recent price fluctuations.
Ethereum ETFs Outperform Bitcoin
Meanwhile, Ethereum ETFs continued to attract more investor interest than Bitcoin ETFs. On the same day, Ethereum products received $443.9 million in net inflows, surpassing Bitcoin’s total inflows.
BlackRock’s ETHA led the pack with $314.9 million, while Fidelity’s FETH received $87.4 million. Smaller contributions came from Grayscale’s Mini Ethereum Trust, Bitwise, 21Shares, and Invesco, totaling around $17 million.
The strong performance of Ethereum ETFs follows a week of outflows equivalent to 105,000 ETH. However, recent data from Glassnode suggests a reversal, with institutions adding back 16,900 ETH at the beginning of the week.
The difference in flows between Bitcoin and Ethereum ETFs reflects changing investor sentiment in the current market environment. While Bitcoin ETFs are stabilizing after recent redemptions, Ethereum funds are garnering more confidence in the short term.
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