🚨 ETF CASH FLOW DATE August 2, 2024

🐳BTC ETF

BlackRock (IBIT): Buy $43.2M

Fidelity (FBTC): Sell $104.1M

Bitwise (BITB): Sell $29.4M

21Shares (ARKB): Sell $87.7M

VanEck (HODL): Sell $23M

Grayscale (GBTC): Sell $45.9M

Grayscale Mini (BTC): Buy $9.9M

Valkyrie (BRRR), Invesco (BTCO), Franklin (EZBC), WisdomTree (BTCW): 0

📌 Result: Sold $237 million $

Fear of recession covers the entire economy.

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🐳 ETH ETF

BlackRock (ETHA): 0

Fidelity (FETH): Buy $6M

Franklin (EZET): Buy $1.1M

Grayscale (ETHE): Selling $61.4M

Invesco (QETH), Bitwise (ETHW), VanEck (ETHV), 21Shares (CETH), Grayscale Mini (ETH): 0

📌 Result: Sold $54.3M

First day of the month with negative cash flow.

Grayscale (ETHE) has now sold 23% of their ETH.