Bitcoin, Ethereum ETFs face $291 mln in outflows: Is a market shift coming?
The post Bitcoin, Ethereum ETFs face $291 mln in outflows: Is a market shift coming? appeared on BitcoinEthereumNews.com.
Key Takeaways Ethereum and Bitcoin ETFs saw sharp outflows on the 29th of August, with ETH funds losing $164.6 million and BTC funds $126.6 million, amid renewed macroeconomic pressure. Ethereum’s [ETH] impressive streak of ETF inflows in August has come to a halt, closing the month on a note of heavy withdrawals. According to data from Farside Investors, ETH ETFs registered a sharp outflow of $164.6 million on the 29th of August. It effectively ended six consecutive days of strong inflows that had drawn nearly $1.9 billion into the market. Grayscale’s ETHE product led the retreat with $61.3 million in outflows, followed by $51 million from Fidelity’s ETH fund, $28.6 million from Grayscale’s other ETH offering, and $23.7 million from Bitwise. Other issuers, including BlackRock, saw no net flows on the day. The reversal coincided with Ethereum’s price action, trading at $4,442 after a 6.75% weekly decline, though it managed a slight 1% recovery in the past 24 hours as per CoinMarketCap. Bitcoin ETF outflow analysis A similar trend played out on the Bitcoin [BTC] side, where ETFs recorded combined outflows of $126.6 million, the first day of losses since 22nd August. The largest outflow came from 21Shares’ ARKB, which lost $72.1 million, followed by Fidelity’s FBTC with $66.2 million withdrawn, while Grayscale’s GBTC recorded $15.3 million in exits. However, the pain wasn’t universal, as BlackRock’s IBIT attracted $24.63 million and WisdomTree’s BTCW added $2.3 million, though most other issuers reported flat activity. This aligned with Bitcoin slipping 5.32% over the week but was changing hands at $108,783.89 with a modest 0.6% rebound in the past 24 hours, according to CoinMarketCap. How Fed impacts the ETFs’ flows The timing of these outflows further aligned with fresh macroeconomic data out of the U.S. In July, the Federal Reserve’s favored measure of inflation,…
Filed under: News - @ August 31, 2025 3:26 pm