Spot Bitcoin ETFs Lose $196M While Ethereum Funds Gain Inflows

• Fidelity’s FBTC lost $99.1M; BlackRock’s IBIT lost $77.4M, but remains AUM leader at $83.8B.
• Grayscale’s GBTC saw $19.7M leave; since launch, its outflows total over $23.7B. ETH-based ETFs gained $73.2M net.
• BlackRock’s ETHA led with $88.8M inflow, AUM now $9.46B.

On August 5, 2025, the spot Bitcoin ETF sector recorded capital outflows totaling $196.2 million, according to SoSoValue. The largest outflow came from Fidelity Investments’ FBTC fund, which lost $99.1 million.

BlackRock’s spot Bitcoin ETF (IBIT) saw the second-largest outflow, losing $77.4 million. Despite this, IBIT remains the sector leader in assets under management (AUM) at $83.8 billion.

Grayscale’s GBTC ranked third, with $19.7 million withdrawn in the past 24 hours. Since inception, GBTC has experienced cumulative outflows exceeding $23.7 billion.

The remaining nine spot Bitcoin ETFs recorded no changes in fund flows during the most recent trading day.

In the Ethereum spot ETF sector, net capital inflow on August 5 was $73.2 million. BlackRock’s ETF (ETHA) led with $88.8 million in inflows and now has $9.46 billion in AUM.

VanEck and 21Shares spot Ethereum ETFs added $5.2 million and $3.6 million, respectively.

Grayscale’s ETFs, ETH and ETHE, posted outflows of $13.5 million and $10.9 million, respectively. Four other spot Ethereum ETFs recorded no net flows for the day.

The divergent capital flows reflect varying investor sentiment between Bitcoin and Ethereum. While Bitcoin ETFs faced significant redemptions, Ethereum-based products attracted fresh capital, signaling optimism about Ethereum's upcoming network upgrades and potential use cases.

This contrast highlights the evolving dynamics in crypto asset preferences among institutional and retail investors amid fluctuating market conditions.