On 30th August, the Bitcoin and Ethereum ETFs experienced zero and neutral inflows for the first time. Notably, six out of eleven BTC ETFs recorded neutral flow.
Grayscale's GBTC saw the highest outflow with $70.2 million, followed by ARK's ARKB at $65 million. Invesco, Fidelity, and Bitwise also faced losses.
This marks a significant turning point in ETF performance, indicating declining investor interest in these products.
