Bitcoin and Ethereum ETFs See Volatile Flows in Late August and Early September
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Insights by Echo AI
Bitcoin and Ethereum ETFs experienced significant net inflows and outflows between August 31 and September 3. On August 31, Bitcoin ETFs saw $216.7 million in net inflows, while Ethereum ETFs recorded $87.68 million. However, on September 1, Bitcoin ETFs saw $236.46 million in net outflows, and Ethereum ETFs saw $10.95 million in net inflows, extending their net inflow streak to 12 consecutive days. On September 2, Bitcoin ETFs flipped back to $101.15 million in net inflows, while Ethereum ETFs saw $48.1 million in net outflows. Finally, on September 3, both Bitcoin and Ethereum ETFs saw substantial net inflows, with Bitcoin ETFs recording $730.87 million and Ethereum ETFs recording $141.39 million.
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