🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
💥 ETF Shakeup: Bitcoin Faces Massive Outflows, Ethereum’s 20-Day Streak Ends!
📉 A turbulent day for crypto investment vehicles – what’s driving the ETF exodus?
---
🚨 Spot Bitcoin ETFs See 2nd Largest Outflow in History
Spot Bitcoin ETFs recorded a massive $812.25 million in outflows on Friday – the second-largest single-day loss ever seen for these investment products.
This loss wiped out a week’s worth of gains, dragging cumulative net inflows down to just $54.18 billion.
Assets under management (AUM) now total $146.48 billion, representing 6.46% of Bitcoin’s market cap.
---
🏦 Fidelity and ARK Lead the Exodus
Fidelity’s FBTC saw the largest redemptions with $331.42 million pulled.
ARK’s ARKB wasn’t far behind, with $327.93 million in outflows.
Grayscale’s GBTC recorded $66.79 million in losses.
BlackRock’s IBIT, surprisingly, held relatively steady with only $2.58 million in redemptions, while leading in volume with $4.54 billion traded.
---
🔄 High Trading Volume Signals Investor Activity
Despite the outflows, total daily trading volume across all spot BTC ETFs remained strong at $6.13 billion.
BlackRock’s IBIT remained the most actively traded, suggesting investor interest is still alive, though cautious.
---
⚠️ Ethereum ETFs: Inflow Party Comes to an End
After a record 20 consecutive trading days of inflows, spot Ether ETFs recorded their first outflow, totaling $152.26 million.
Total ETH ETF AUM now sits at $20.11 billion, roughly 4.7% of Ethereum’s market capitalization.
---
💸 Which ETH ETFs Were Hit the Hardest?
Grayscale’s ETHE led the drop with $47.68 million in outflows.
Bitwise’s ETHW followed with $40.30 million lost.
Fidelity’s FETH posted $6.17 million in redemptions.
Only BlackRock’s ETHA remained flat, holding at $10.71 billion in AUM without any change.
---
🔁 ETH ETF Trading Still Active
Spot ETH ETF total daily trading volume was $2.26 billion, with Grayscale leading at $288.96 million.
Volatility and market uncertainty continue to drive action, even as inflows stall.
---
📈 Institutional Interest in ETH Accelerates
According to Standard Chartered, corporations are now acquiring Ether at twice the rate of Bitcoin.
Since June, crypto treasury firms have bought ~1% of ETH’s circulating supply.
The report cites this as a major force behind ETH’s recent momentum.
---
🎯 Ethereum’s Bullish Outlook Remains
With staking, DeFi participation, and continued institutional demand, ETH could push past $4,000 by year-end.
The bank predicts corporate ETH holdings could rise to 10% of the total supply.
---
🔮 Key Takeaways for Traders & Investors
✅ Bitcoin ETFs saw record outflows, but high volumes suggest traders remain engaged.
✅ Ethereum’s inflow streak ended—but fundamentals stay bullish.
✅ Corporations may be setting the stage for ETH’s next big move.
---
📊 Final Thought
The ETF markets are clearly undergoing a volatile reset, with profit-taking, regulatory anticipation, and market strategy shifts playing key roles. While Bitcoin faces headwinds, Ethereum’s unique position in staking and DeFi could solidify its dominance in the next wave of institutional investment.
---
Stay tuned for more updates.
📰 Subscribe to our market insights and never miss a crypto move!
#CandyDrop Airdrop Event 6.0# #Join Alpha RION Airdrop to Earn $40# #White House Crypto Report#