U.S. spot crypto exchange-traded funds showed a split picture on Aug. 13, as Bitcoin products suffered accelerated outflows while Ethereum funds logged a second straight day of positive flows.
According to data from Farside Investors, spot Bitcoin ETFs recorded net outflows of approximately $131.1 million, an increase from the prior session. ARK Invest’s ARKB led redemptions with $58.8 million, followed by Fidelity’s FBTC at $55.1 million and Grayscale’s GBTC at $36.3 million. In contrast, Grayscale’s Mini BTC attracted $38.9 million and Morgan Stanley’s MSBT added $7.1 million, partially offsetting the broader withdrawals. BlackRock’s IBIT saw a modest $5.7 million outflow.
Spot Ethereum ETFs, meanwhile, posted about $5.9 million in net inflows, with the Grayscale Ethereum Mini Trust leading at $6.5 million. BlackRock’s iShares Ethereum Trust shed $600,000, while Fidelity, Bitwise and VanEck reported no significant net flows. The consecutive inflows, though modest, suggest cautious but persistent interest in regulated Ethereum exposure.
Analysts linked the Bitcoin outflows to profit-taking and macroeconomic uncertainty, while the Grayscale Mini products’ lower fees stood out as a likely driver of inflows. The divergence highlights how fee structures and investor sentiment are shaping fund selection in the maturing crypto ETF market.
