On August 5, total receipts into the ETH-ETF amounted to $48.7 million, the second result since the approval of the products. Such data is provided by SoSoValue.
Net outflow for the entire period decreased to $462 million.
Data: SoSoValue.The total withdrawal of funds from Grayscale Ethereum Trust (ETHE) increased to $2.16 billion. On August 5, the indicator increased by $46.8 million.
Positive dynamics in terms of products was provided by inflows to ETHA from BlackRock ($47.1 million).
The receipts were also recorded:
ETHV from VanEck — $16.6 million;Fidelity's FETH — $16.2 million;ETH from Grayscale — $7.6 million;Bitwise's ETHW — $7.2 million;EZET by Franklin Templeton — $0.9 millionData: SoSoValue.BTC-ETF
The negative dynamics of inflows continued in spot bitcoin ETFs. Net outflow was recorded at $168.4 million.
Data: SoSoValue.The trade turnover has grown.
Investors contributed $21.8 million to BTC from Grayscale, $3 million to HODL from VanEck and $2.9 million to BITB from Bitwise.
This was not enough to compensate for withdrawals from GBTC from Grayscale ($69.1 million), ARKB from 21Shares ($69 million) and FBTC from Fidelity ($58 million).
Zero changes were recorded for other instruments.
Data: SoSoValue.Total receipts have decreased to $17.3 billion since the approval of the BTC-ETF in January.
Recall that 15,000 Morgan Stanley financial advisors will begin offering their clients exchange-traded funds based on the first cryptocurrency, according to the media.
Earlier, Bitwise CIO Matt Hougan predicted bitcoin's growth to $100,000 by the end of the year. As a driver, he cited the approval of tools by the largest money management platforms, including Morgan Stanley and Wells Fargo.