Bitcoin ETFs Still Seeing Solid Inflows as Ethereum ETF Exodus Continues

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Bitcoin ETFs Still Seeing Solid Inflows as Ethereum ETF Exodus Continues
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Spot Bitcoin ETFs in the US saw an aggregate inflow of $202.6 million on Monday, Aug. 26, according to preliminary data from Farside Investors.

ETFs from Fidelity, Bitwise, and VanEck had a total net outflow of $32 million together. Meanwhile, Grayscale’s two ETFs, GBTC and BTC, had net zero flows for the day.The inflows came amid a 6.5% BTC rally as prices reached $65,150 over the weekend and Monday before starting to retreat earlier today.Around $13.2 million exited Ethereum ETFs, with the majority leaving Grayscale’s ETHE fund. Fidelity and Franklin also saw minor outflows, with the rest registering zero flows for the day.

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