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Bitcoin ETF Outflows vs. Ethereum ETF Stagnation
A tale of two Cryptos
Rich Webb
September 03, 2024 • Read Time: 4 minutes
If you think the crypto waters are calm, think again.
Bitcoin ETFs continue their streak of outflows, shedding nearly $500 million since late August, while Ethereum ETFs have hit an unprecedented neutral zone.
What does this mean for the market? Let’s dive in!
Bitcoin ETFs see continuous outflows while Ethereum ETFs remain neutral. — Read More
QFC unveils new digital asset framework covering tokenization and smart contracts. — Read More
Analyst urges the next U.S. president to bring regulatory clarity to the crypto sector, citing lag behind the EU. — Read More
Crypto space experiences $313M in losses in August, primarily from two large phishing attacks. — Read More
Cardano's Chang hard fork initiates decentralized governance and upgrades its smart contract capabilities. — Read More
On Aug. 30, spot #Bitcoin ETFs saw massive outflows of $175.6M, with Grayscale's GBTC leading with an outflow of $70.2M. This marks 4 days of consecutive outflows for spot BTC ETFs.
Meanwhile, spot #Ethereum ETFs recorded zero total net inflow and outflow for the first 5 days📈— Aymeric Fx Donald (@Aymericfxdonald)
2:27 PM • Sep 2, 2024
Me in my Porsche GT Silver Metallic, thank crypto
— naiive (@naiivememe)
1:57 PM • Sep 3, 2024
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“Wake me up when September ends”
— Milk Road (@MilkRoadDaily)
1:21 PM • Sep 3, 2024
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