Spot Bitcoin ETFs have experienced their sixth consecutive day of net inflows, while spot Ether ETFs continue to register net outflows, extending their six-day negative flow streak.

According to data from SoSoValue, the 12 spot Bitcoin exchange-traded funds reported $64.91 million in net inflows on Aug. 22, a 65% increase compared to the $39.42 million net inflows on Aug. 21. BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, led the pack with $75.5 million in inflows, bringing its total inflows to date to $20.6 billion. Fidelity’s FBTC and ARK 21Shares’s ARKB followed with inflows of $9.2 million and $7.8 million, respectively.

Meanwhile, WisdomTree’s BTCW and VanEck’s HODL recorded more modest inflows of $4.8 million and $3.4 million, respectively, after nine days of no activity.

Spot Bitcoin ETFs inflow/outflow

These inflows were countered by Grayscale’s GBTC, which logged outflows of $28.4 million, bringing its total outflows from its launch date to $19.69 billion. However, the crypto asset manager’s mini Bitcoin trust ETF saw $4 million in inflows. Bitwise’s BITB also reported $11.5 million in outflows. The remaining four BTC ETFs remained neutral.

Trading volume for BTC ETFs dipped to $899.6 million on Aug. 22, significantly lower than the $1.42 billion recorded on Aug. 21. These funds have accumulated a cumulative net inflow of $17.62 billion since inception. At the time of writing, Bitcoin was up 0.3%, trading at $61,058, according to data from crypto.news.

Meanwhile, the nine-spot Ethereum ETFs collectively saw a significant drop in outflows, which stood at $874,610 on Aug. 22, marking the sixth consecutive day of outflows. Grayscale’s ETHE led the outflows once again, with $19.8 million leaving the fund, bringing its total outflows to $2.52 billion since its launch on July 23. Fidelity’s FETH, Grayscale’s ETH, and VanEck’s ETHV were the only offerings to record inflows of $14.3 million, $3.7 million, and $1 million, respectively. The remaining five ETH ETFs saw no flows on the day.

These investment vehicles also witnessed their daily trading volume drop to $93.8 million on Aug. 22, a significant decline from the previous day. The spot Ether ETFs have experienced a cumulative net outflow of $458.95 million to date. At the time of publication, Ethereum was up by 1.4%, trading at $2,669.

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