Franklin

United

Bitcoin

Million

Spot

<p><strong>Key points:</strong></p>  
<ul class="wp-block-list">
 <li><em>U.S. spot bitcoin ETFs saw its fifth day of net inflows, while ether funds saw their fifth daily net outflows.</em></li> 
</ul>  
<p><strong>Spot Bitcoin ETFs see $39 million in inflows on their fifth day of positive flows, while Ether ETFs experience net outflows of $17.97 million.</strong></p>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/08/telegram-cloud-photo-size-5-6210730165982575647-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/08/telegram-cloud-photo-size-5-6210730165982575647-y-1024x576.jpg" alt="Spot Bitcoin ETFs See 5th Straight Day of $39M in Positive Flows" class="wp-image-279260"></a>
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<h2 class="wp-block-heading" id="strong-spot-bitcoin-etfs-continue-positive-inflows-strong"><strong>Spot Bitcoin ETFs Continue Positive Inflows</strong></h2>  
<p>Bitcoin spot ETFs in the United States marked their fifth consecutive day of positive inflows, accumulating $39.42 million on Wednesday. Significant funds like Grayscale’s mini Bitcoin Trust, which saw $14.2 million in net inflows, according to SoSoValue&nbsp;<a href="https://sosovalue.xyz/assets/etf/us-btc-spot" rel="noopener noreferrer nofollow">data</a>, and Bitcoin spot ETFs from Fidelity and Bitwise, which saw around $10 million each, contributed to the trend.</p>  
<p>BlackRock’s IBIT, the most prominent Bitcoin spot ETF, added $8.35 million, while Franklin Templeton and Invesco reported $3.55 million and $2.46 million in inflows, respectively. On Wednesday, the combined daily trading volume of the 12 Bitcoin ETFs hit $1.42 billion. Since their launch, these funds have collectively accumulated $17.56 billion in net inflows.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read More:<a href="https://coincu.com/252098-renzo-review-binance-labs-restaking-protocol/" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://coincu.com/263449-crypto-supporter-donald-trump-help-bitcoin-miner/" data-type="link" data-id="https://coincu.com/270668-how-the-secs-revised-binance-us-lawsuit-and-solanas-exclusion-affect-the-best-ongoing-presales-in-2024/" target="_blank" rel="noopener noreferrer nofollow">State of Wisconsin Investment Board Buys Over $160 Million Spot Bitcoin ETFs</a></strong></p>  
<h2 class="wp-block-heading" id="strong-ether-etfs-face-continued-outflows-strong"><strong>Ether ETFs Face Continued Outflows</strong></h2>  
<p>In contrast to the Spot Bitcoin ETF's positive performance, the Spot Ether ETF experienced its fifth consecutive day of net outflows, with $17.97 million withdrawn on Wednesday.</p>  
<p>Grayscale’s ETHE fund saw significant outflows of $31.14 million, while Fidelity’s FETH fund recorded the largest inflow on the day at $7.93 million. Grayscale’s Ethereum Mini Trust followed with $4.24 million inflows, and Franklin Templeton’s Ether fund received $1 million.</p>  
<p>Cumulative net outflows from ether ETFs have now risen to $458.08 million, with daily trading volume reaching $201 million.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Spot Bitcoin ETFs See 5th Straight Day of $39M in Positive Flows

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