🟡🟡 𝐄𝐓𝐅 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 [𝐀𝐮𝐠𝐮𝐬𝐭 12, 2026] $BTC $ETH
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🟢 Largest inflow: No reported BTC or ETH ETF recorded a net inflow on August 11.
🔴 Largest outflow: Franklin EZBC (-$16.5M)
Bitcoin ETFs recorded -$42.4M in net outflows, ending the recent positive run with a second consecutive outflow session.
The selling was concentrated but not catastrophic: EZBC led withdrawals at -$16.5M, followed by ARKB at -$11.5M and HODL at -$10.3M.
Ethereum ETFs posted only -$2.3M, entirely attributed to FETH, meaning ETH's institutional selling pressure was considerably smaller than BTC's.
August remains strongly positive overall: from August 3 through August 11, Bitcoin ETFs accumulated approximately +$678.3M, while Ethereum ETFs added roughly +$226.8M, despite the last two sessions turning negative.
The five-session Bitcoin inflow streak from August 3–7 remains the key institutional signal, with roughly $853.5M entering during that run before the subsequent two-day reversal.
Today's CPI is now the critical variable. If inflation comes in softer and ETF flows turn positive again, the combination would provide stronger confirmation for BTC's recovery; another outflow day alongside a hot CPI would be a materially weaker setup.
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🟢 Largest inflow: No reported BTC or ETH ETF recorded a net inflow on August 11.
🔴 Largest outflow: Franklin EZBC (-$16.5M)
Bitcoin ETFs recorded -$42.4M in net outflows, ending the recent positive run with a second consecutive outflow session.
The selling was concentrated but not catastrophic: EZBC led withdrawals at -$16.5M, followed by ARKB at -$11.5M and HODL at -$10.3M.
Ethereum ETFs posted only -$2.3M, entirely attributed to FETH, meaning ETH's institutional selling pressure was considerably smaller than BTC's.
August remains strongly positive overall: from August 3 through August 11, Bitcoin ETFs accumulated approximately +$678.3M, while Ethereum ETFs added roughly +$226.8M, despite the last two sessions turning negative.
The five-session Bitcoin inflow streak from August 3–7 remains the key institutional signal, with roughly $853.5M entering during that run before the subsequent two-day reversal.
Today's CPI is now the critical variable. If inflation comes in softer and ETF flows turn positive again, the combination would provide stronger confirmation for BTC's recovery; another outflow day alongside a hot CPI would be a materially weaker setup.