Crypto Shake-Up: Bitcoin ETFs Bleed While Ethereum Rakes In Cash (August 5 Data)

Wall Street's crypto dance gets messy as investors flip the script.

Bitcoin takes a hit
US spot ETFs saw net outflows for BTC on August 5—because nothing says 'store of value' like panic selling during sideways action.

Ethereum's surprise party
While Bitcoin stumbles, ETH products quietly stack inflows. Maybe those 'ultrasound money' memes are finally getting traction.

The big picture
Traders chasing the next shiny thing or smart money rotating? Either way, the crypto casino stays open—complete with overpriced drinks and questionable odds.

On August 5, US spot ETFs recorded significant movements: Bitcoin saw a net outflow of 1,710 BTC (valued at $196 million), while ethereum ETFs experienced net inflows of 19,710 ETH ($73 million). BlackRock’s spot Ethereum ETF stood out, purchasing 23,870 ETH worth $88.8 million. These contrasting flows suggest shifting investor sentiment, with interest moving toward Ethereum even as Bitcoin faced withdrawals, highlighting the market’s focus on Ethereum amid ongoing crypto sector volatility.