Rewards Hub Bitcoin ETFs experienced a net outflow of 949 BTC, equivalent to $109.845 million, on August 1. Notably, ARK21Shares saw significant outflows of 767 BTC, valued at $88.73 million, reducing its holdings to 48,500 BTC, worth approximately $5.61 billion.
In contrast, Ethereum ETFs recorded a net inflow of 8,183 ETH, totaling $29.83 million. iShares, managed by Blackrock, contributed significantly to this trend with inflows of 4,841 ETH, valued at $17.65 million, bringing its total holdings to 3,029,059 ETH, worth $11.04 billion.
Bitcoin ETFs See Outflows While Ethereum ETFs Gain Inflows
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