Bitcoin and Ethereum ETFs Experience Over $1 Billion in Daily Outflows
US spot Bitcoin and Ethereum ETFs experienced over $1 billion in outflows on August 19, marking their second-largest outflows this month. Key points include:
- Bitcoin ETFs saw $523 million in outflows, a 300% increase from the previous day.
- Ethereum ETFs recorded $422 million in outflows, up from $200 million.
- Combined outflows for both assets totaled $1.3 billion over three consecutive days.
- Bitcoin price dropped by 8.3%, while Ethereum corrected by 10.83% weekly.
Fidelity Investments reported the largest withdrawals, with $403 million exiting across its Bitcoin and Ethereum funds. Grayscale's Bitcoin Trust lost $116 million, and its Ethereum Trust saw $122 million withdrawn. BlackRock's Bitcoin fund remained stable with no outflows.
Market Sentiment
The Crypto Fear & Greed Index shifted to "Fear" at a score of 44, reflecting growing caution among investors after a period of bullish sentiment. Total liquidations reached $462 million, including $381 million in long positions.
Crypto Fear & Greed Index showing a shift to fear with a score of 44 on August 20, 2025. | Source: Alternative.me