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PiCK

US Spot Bitcoin ETFs Draw $1.918 Billion in Weekly Inflows; Ether Funds Near $700 Million

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Summary

  • US spot Bitcoin ETFs recorded about $1.918 billion in net inflows last week.
  • Over the same period, spot Ether ETFs drew $697 million, bringing combined weekly net inflows for the two assets to about $2.615 billion.
  • Spot altcoin ETFs tied to Solana, XRP and Hyperliquid also posted net inflows of $28.34 million, $39.78 million and $3.89 million, respectively.

Forecast Trend Report by Period

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Photo: SoSoValue
Photo: SoSoValue

US spot Bitcoin exchange-traded funds drew about $1.918 billion in net inflows last week.

Data cited by Wu Blockchain on Aug. 23 showed US spot Bitcoin ETFs posted total net inflows of $1.918 billion for the Aug. 17-21 period. The inflows came as Bitcoin prices rebounded sharply.

US spot Ether ETFs attracted $697 million over the same period. Combined weekly net inflows for spot Bitcoin and Ether ETFs reached about $2.615 billion.

Spot altcoin ETFs also recorded net inflows across the board. Spot Solana ETFs took in $28.34 million, while spot XRP ETFs drew $39.78 million. Spot Hyperliquid ETFs posted net inflows of $3.89 million during the same period.

#Crypto ETF

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit

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