Bitcoin ETFs See Outflows While Ethereum ETFs Record Positive Net Flow on August 1st

GateNews
BTC0,11%
ETH0,61%
FLOW-0,22%

Gate News bot message, on August 1st, Bitcoin and Ethereum ETFs showed divergent flows in the market. Ten Bitcoin ETFs recorded a net outflow of 949 BTC ($109.845M), with ARK21Shares experiencing outflows of 767 BTC ($88.73M). ARK21Shares currently maintains holdings of 48,500 BTC ($5.61B).

In contrast, nine Ethereum ETFs demonstrated positive performance with a net inflow of 8,183 ETH ($29.83M). iShares, managed by BlackRock, led the inflows with 4,841 ETH ($17.65M), bringing their total holdings to 3,029,059 ETH.

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