Bitcoin ETFs See $61M Outflows as Ether Funds Gain
U.S. spot Bitcoin ETFs recorded $61.16 million in net outflows on August 12, while spot Ether ETFs attracted $7.38 million in fresh inflows.
- Bitcoin spot ETFs posted $61.16 million in net outflows on August 12.
- Fidelity’s FBTC led the withdrawals with $46.82 million in redemptions.
- Ether spot ETFs recorded $7.38 million in net inflows, all into BlackRock’s ETHA.
The latest August 12 ETF flows highlighted mixed institutional sentiment, with U.S. spot Bitcoin ETFs recording $61.16 million in net outflows while spot Ether ETFs continued to attract fresh capital.
According to the latest data, Fidelity’s FBTC accounted for the largest share of Bitcoin ETF redemptions, posting $46.82 million in net outflows. The broader Bitcoin ETF market ended the day in negative territory as investors reduced exposure.
In contrast, spot Ether ETFs registered $7.38 million in net inflows, demonstrating continued institutional interest in Ethereum-based investment products.
BlackRock’s ETHA Leads Ether Inflows
All of the day’s inflows into spot Ether ETFs were directed to BlackRock’s ETHA, making it the sole contributor to Ethereum ETF gains on August 12.
Independent data from Farside Investors reflected the same rounded totals, reporting approximately $61.1 million in Bitcoin ETF outflows and $7.4 million in Ether ETF inflows.
The contrasting flows suggest investors were more willing to add exposure to Ethereum than Bitcoin during the session.
Institutional Positioning Remains Mixed
The latest August 12 ETF flows illustrate differing institutional preferences across the crypto ETF market.
While Bitcoin funds experienced notable redemptions, Ether ETFs continued to attract capital. Investors will continue monitoring daily ETF activity to determine whether the divergence reflects a short-term allocation shift or the beginning of a broader trend in institutional demand.
