Bitcoin and Ethereum ETFs experienced notable outflows on August 5, with Bitcoin ETFs seeing a net outflow of 3,858 BTC, equivalent to $440.35 million. iShares, managed by Blackrock, accounted for a significant portion of this, with outflows of 2,544 BTC valued at $290.35 million. Despite the outflows, iShares still holds 738,489 BTC, worth approximately $84.29 billion.
Similarly, Ethereum ETFs recorded a net outflow of 155,688 ETH, totaling $565.93 million. iShares again led the outflows with 101,975 ETH, valued at $370.68 million, but continues to hold a substantial 2,927,084 ETH, valued at $10.64 billion.
Bitcoin and Ethereum ETFs See Significant Outflows
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