BlackRock’s IBIT led inflows while spot Ethereum ETFs saw $1.7644 million in net outflows the same day.
Spot Bitcoin exchange-traded funds recorded $4.8862 million in net inflows on August 11, driven solely by BlackRock’s IBIT. The inflows mark a modest rebound following recent volatility in crypto markets.
In contrast, spot Ethereum ETFs experienced $1.7644 million in net outflows, with Fidelity’s FETH leading at $2.3283 million. The divergence highlights shifting investor sentiment between the two largest cryptocurrencies.
Trading volumes remained subdued, reflecting broader market caution amid macroeconomic uncertainty.