Bitcoin spot etfs pulled in nearly 1 billion dollars over the past week even after that 236 million dollar outflow hit on September 1. Ethereum funds stayed firmly in the green too with inflows beating outflows for eight of the last nine weeks.
Btc Etfs Snag Another Billion Dollar Haul 👀
The prior trading week wrapped with a 201.81 million dollar net outflow from spot btc etfs but four strong inflow days more than made up for that friday dip. Overall the week landed a sweet 924.48 million dollar net gain after building on the earlier 1.92 billion dollar surge. August closed out at 216.70 million dollars positive before the 236.46 million dollar slip on September 1. Flows flipped positive again with 101.15 million dollars on Wednesday and 174.60 million dollars on Friday while Thursday popped off with 730.87 million dollars the biggest single day since January. Total weekly inflows hit 986.85 million dollars pushing cumulative net inflows to 55.62 billion dollars after they dipped to 51.79 billion dollars mid august. Blackrock’s ibit keeps leading with over 62.6 billion dollars in cumulative assets followed by fidelity’s fbtc at 14.07 million dollars and grayscale’s gbtc at 10.36 billion dollars.
Eth Etfs Keep Their Winning Streak Alive 🖤
Even with smaller scale the spot ethereum etfs outperformed over recent weeks racking up just one modest red week since early July. They grabbed 824.42 million dollars the week ending August 28 then added 218.41 million dollars in the first week of September. Thursday led with 141.39 million dollars more incoming while Monday brought 87.68 million dollars Tuesday 10.95 million dollars and Friday 26.46 million dollars though Wednesday saw a 48.08 million dollar dip. Cumulative net inflows jumped from 10.89 billion dollars in early July to 13.19 billion dollars by September 4.
Just another echo from the void by iconofsin.eth 💖
