{"id":26269,"date":"2025-08-20T10:53:58","date_gmt":"2025-08-20T07:53:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26269"},"modified":"2025-08-22T17:41:03","modified_gmt":"2025-08-22T14:41:03","slug":"bitcoin-and-ethereum-etfs-see-1-billion-outflow-in-a-day","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-and-ethereum-etfs-see-1-billion-outflow-in-a-day\/","title":{"rendered":"Bitcoin and Ethereum ETFs See $1 Billion Outflow in a Day"},"content":{"rendered":"

On August 19th, spot exchange-traded funds (ETFs) based on the two largest cryptocurrencies by market capitalization experienced outflows. BTC Markets analyst Rachel Lucas attributed this to macroeconomic uncertainty, reports The Block<\/a>. <\/p>\n

Bitcoin ETFs saw investors withdraw $523 million in a single day. The largest losses were incurred by investment products from Fidelity and Grayscale, amounting to $246.9 million and $115.53 million, respectively. BlackRock’s IBIT fund maintained a zero balance.<\/p>\n

\"Bitcoin
Inflows and outflows of spot Bitcoin ETFs. Source: SoSoValue<\/a>. <\/figcaption><\/figure>\n

Ethereum ETFs lost $422 million, marking the second-largest outflow since the instrument’s launch. Funds from Fidelity and Grayscale saw withdrawals of $156.32 million and $122 million, respectively. Other funds experienced smaller losses. <\/p>\n

\"Bitcoin
Inflows and outflows of spot Ethereum ETFs. Source: SoSoValue<\/a>. <\/figcaption><\/figure>\n
\n

\u201cThe scale of these outflows indicates a shift in institutional investors’ positions: either funds are being withdrawn to lock in profits at recent highs and reallocate them into cash or treasury bonds, or we are witnessing a broader reaction to risk reduction due to renewed concerns about inflation, a strengthening US dollar, and uncertainty regarding Fed<\/span> policy,\u201d Lucas noted. <\/p>\n<\/blockquote>\n

At the time of writing, 84.9% of market participants expect a rate cut. 15.1% believe it will remain unchanged. <\/p>\n

\"Bitcoin
Source: CME FedWatch<\/a>. <\/figcaption><\/figure>\n

Market Impact <\/h2>\n

Outflows from ETFs are one possible reason for the decline in Bitcoin and Ethereum<\/a>. Over the past day, cryptocurrency prices have fallen by 1% and 0.7%, respectively. <\/p>\n

At the time of writing, digital gold is trading below $114,000.<\/p>\n

\"Bitcoin
Hourly BTC\/USD chart from Binance. Source: TradingView<\/a>. <\/figcaption><\/figure>\n

Meanwhile, the price of ether stands at<\/a> $4208. <\/p>\n

Investors are awaiting a speech by Fed Chair Jerome Powell at the Jackson Hole symposium on August 21st. Earlier, Lucas suggested<\/a> that the conference could be the next catalyst for the crypto market. <\/p>\n

\u201cNew Kings of Bitcoin\u201d<\/h2>\n

CryptoQuant analyst, known by the pseudonym CryptoOnchain, noted that Bitcoin ETFs have accumulated over 1.2 million BTC. According to him, this is a record figure, reflecting a high level of institutional investor confidence in the leading cryptocurrency.<\/p>\n

\"Bitcoin
Source: CryptoQuant<\/a>. <\/figcaption><\/figure>\n

The majority of assets are held by BlackRock, with the IBIT fund managing 748,968 BTC. Together with Fidelity, they control over 75% of the total Bitcoin in ETFs. <\/p>\n

\n

\u201cGrayscale’s GBTC, once the sole giant with over 620,000 BTC, now holds only 180,576 BTC. [\u2026] The era of dominance by a single fund is over,\u201d the expert emphasized. <\/p>\n<\/blockquote>\n

Back on August 12th, NovaDius Wealth President Nate Geraci noted<\/a> that half of the 20 most successful exchange-traded funds in the US are linked to cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"

BTC Markets analyst Rachel Lucas attributed outflows from spot exchange-traded funds based on the two largest cryptocurrencies to macroeconomic uncertainty.<\/p>\n","protected":false},"author":1,"featured_media":26270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Outflows from exchange-traded funds are one possible reason for the decline in cryptocurrencies.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,865,569,46],"class_list":["post-26269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-blackrock","tag-etf","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"178","promo_type":"1","layout_type":"1","short_excerpt":"Outflows from exchange-traded funds are one possible reason for the decline in cryptocurrencies.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26269"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26269\/revisions"}],"predecessor-version":[{"id":26271,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26269\/revisions\/26271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26270"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}