HomeBitcoin NewsBitcoin and Ethereum ETF Flows Show Daily Gains, Weekly Declines

Bitcoin and Ethereum ETF Flows Show Daily Gains, Weekly Declines

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  • Bitcoin ETFs added $256M on Aug 7 but lost $1.05B over seven days. Ethereum ETFs showed similar daily/weekly divergence.
  • iShares led both markets: gained 1,191 BTC and 26,604 ETH daily. Its weekly BTC inflow contrasted with ETH outflow.

Blockchain analytics firm Lookonchain reported ETF holdings as of August 7. Bitcoin ETFs collectively hold 1,287,925 BTC worth approximately $150.21 billion. These funds added 2,195 BTC ($256.01 million) on August 7. However, they saw net outflows of 8,963 BTC ($1.05 billion) over the prior seven days.

iShares Bitcoin Trust holds the largest position at 739,362 BTC. It gained 1,191 BTC on August 7 and 1,699 BTC over the week. Fidelity’s Bitcoin Fund holds 201,678 BTC. It added 371 BTC on August 7 but lost 3,728 BTC over seven days. Grayscale Bitcoin Trust holds 180,596 BTC. It gained 118 BTC on August 7 but had 854 BTC in weekly outflows. VanEck Bitcoin Trust added 325 BTC on August 7 and 353 BTC over the week.

btc-eth-etf-lookchain
Source: Lookchain

Ethereum ETFs hold 5,643,257 ETH worth about $22.04 billion. They added 43,329 ETH ($169.2 million) on August 7. Weekly outflows totaled 98,876 ETH ($386.11 million). iShares Ethereum Trust leads with 2,987,576 ETH.

It gained 26,604 ETH on August 7 but lost 41,482 ETH over seven days. Grayscale Ethereum Trust holds 1,115,847 ETH. It added 2,649 ETH on August 7 while experiencing 15,163 ETH in weekly outflows.

Bitwise Ethereum ETF gained 6,450 ETH on August 7 but saw 4,945 ETH in weekly outflows. Fidelity Ethereum Fund added 8,238 ETH on August 7 while having 8,609 ETH in weekly outflows. ARK 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF both recorded weekly outflows.

iShares maintains the largest ETF positions for both Bitcoin and Ethereum. Its daily inflows led other providers on August 7. Grayscale products showed similar patterns across both assets: modest daily gains accompanied by weekly outflows. 

The August 7 figures indicate net new money entering these funds. The seven-day totals show more money left than entered during that period. This contrast suggests changing investor actions within a single week.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
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