Bitcoin and Ethereum exchange-traded funds in the US recorded joint exits for the first time on August 2, 2024.

Homan Jafari; Secretary of Digital Currency Service: 11 Bitcoin funds in the United States experienced a net outflow of $237.4 million at the end of the trading day on Friday, August 2nd. This is the largest outflow from these investment products since the beginning of May, when outflows were $563.8 million. The biggest outflows of the day came from Fidelity Fund, which took out $104.1 million, followed by Arc Fund, which took out $87.7 million.  

After that, the Grayscale fund experienced the biggest drop, with $45.9 million withdrawals. "Bitways" and "OneAc" funds experienced withdrawals of 29.4 million and 23 million dollars, respectively.  
Only the BlackRock fund and the recently launched special fund Grayscale had inflows of $42.8 million and $9.9 million, respectively, over the past day. Other Bitcoin funds, including other funds, did not record capital inflows and outflows.  

But nine U.S.-based Ethereum ETFs also recorded net outflows of $54.3 million on Aug. 2, with Grayscale leading the charge. Only Fidelity and Franklin funds posted inflows of $6 million and $1.1 million, respectively. These inflows were significantly less than the day's outflows and failed to offset the overall loss. Other Ethereum funds had no net outflows on the day.  

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