Here’s How U.S. Crypto ETFs Performed on Aug. 6 After The Market Crash.

Spot Bitcoin exchange-traded funds in the U.S. recorded net outflows of $148.5 million on Tuesday, continuing Monday's outflows.

According to Farside, Fidelity’s FBTC led the outflows with $64.5 million, followed by Grayscale’s GBTC converted fund with $32.2 million and Ark Invest and 21Shares’ ARKB with $28.9 million.

Franklin Templeton’s Bitcoin fund (EZBC) also declined, losing $23 million.

Interestingly, BlackRock’s IBIT, the largest spot Bitcoin ETF by net asset value, reported zero flows on Tuesday, along with seven other funds.

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On the other hand, spot Ethereum ETFs saw net inflows on Tuesday, totaling a positive $98.4 million, continuing Monday’s positive results when just under $49 million was raised.

The largest inflow was recorded by BlackRock’s ETHA, which notched $109.9 million. Fidelity’s FETH had inflows of $22.5 million, Grayscale’s minifund (ETH) attracted $4.7 million, and Franklin Templeton’s saw $1 million in inflows.

Grayscale’s ETHE, on the other hand, experienced the weakest outflows since its inception, with just $39.7 million leaving, well down on the $484 million it recorded at launch.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.