U.S. Bitcoin ETFs Face $127 Million in Outflows, Ending Positive Streak

U.S. spot Bitcoin exchange traded funds saw net outflows on Tuesday, ending an eight-day streak of positive results, according to Farside.

On Tuesday (Aug. 27), those funds recorded net outflows totaling $127.1 million, led by Ark & 21Shares’ ARKB fund, which reported outflows of $102 million.

Grayscale’s GBTC also saw outflows of $18.3 million, while Bitwise’s BITB lost $6.76 million. Valkyrie’s BRRR was not updated and eight funds, including BlackRock’s IBIT, reported zero outflows.

Despite the recent outflows, total trading volume for U.S. spot Bitcoin ETFs, excluding BRRR, was $1.2 billion on Tuesday. Since January, these funds have accumulated net inflows of $17.95 billion.

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Spot Ethereum ETFs continued the trend of net outflows for the ninth consecutive day, with negative inflows of $3.45 million on Tuesday.

Grayscale’s fund saw significant outflows of $9.18 million, partially offset by inflows of $3.88 million in Fidelity’s FETH and $1.86 million in Bitwise’s ETHW.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.