Last week’s spot BTC ETFs: the money is still flowing in.
US Eastern time 8/31–9/4:
Net inflows were roughly $987 million,
marking the third consecutive week of positive flows.
The SoSoValue numbers have been cross-checked with PANews / Gate as well.
Let’s break it down a bit:
IBIT was about +$692 million, basically carrying the bulk;
ARKB about +$138 million;
GBTC is still seeing outflows at around −$48 million.
ETH spot ETFs during the same week were about +$218.4 million too—also the third week.
But don’t miss one detail:
Trading value fell from nearly $19.0 billion to $14.5 billion.
Spot-related net assets were about $101.25 billion,
with cumulative net inflows of about $55.62 billion.
I think, don’t equate net inflows directly with the “whole market being lively.”
Money is coming in, but turnover is cooling down—these two aren’t the same.
Spot price on Coinbase (reference):
BTC≈79,433 / ETH≈2,489
(around 20:14 Beijing time)
Source: SoSoValue · PANews · Gate · TheCryptoBasic.
Not investment advice.
$BTC $ETH
US Eastern time 8/31–9/4:
Net inflows were roughly $987 million,
marking the third consecutive week of positive flows.
The SoSoValue numbers have been cross-checked with PANews / Gate as well.
Let’s break it down a bit:
IBIT was about +$692 million, basically carrying the bulk;
ARKB about +$138 million;
GBTC is still seeing outflows at around −$48 million.
ETH spot ETFs during the same week were about +$218.4 million too—also the third week.
But don’t miss one detail:
Trading value fell from nearly $19.0 billion to $14.5 billion.
Spot-related net assets were about $101.25 billion,
with cumulative net inflows of about $55.62 billion.
I think, don’t equate net inflows directly with the “whole market being lively.”
Money is coming in, but turnover is cooling down—these two aren’t the same.
Spot price on Coinbase (reference):
BTC≈79,433 / ETH≈2,489
(around 20:14 Beijing time)
Source: SoSoValue · PANews · Gate · TheCryptoBasic.
Not investment advice.
$BTC $ETH
