Capital Surges Back into Bitcoin and Ethereum ETFs with Renewed Momentum

Key Points

1. U.S. spot Bitcoin ETFs recorded a net inflow of $91.5 million on August 6, ending a four-day outflow streak of $1.45 billion, with BlackRock’s IBIT contributing $42 million.

2. Bitwise’s BITB added $26.35 million and Grayscale’s GBTC saw $14.5 million in inflows, while Ark & 21Shares' ARKB was the only ETF with an outflow.

3. Spot Ethereum ETFs also saw a net inflow of $35.12 million, led by BlackRock’s ETHA with $33.39 million and Grayscale’s ETHE with $10 million.

4. ETF flows are considered critical indicators of investor risk appetite, influenced by expectations regarding the U.S. Federal Reserve’s monetary policy.

5. BTC rose 0.56% to $114,556, while ETH increased 1.67% to $3,690 over the last 24 hours, according to CryptoAppsy data.