U.S. spot Ether ETFs extended their inflow streak to eight consecutive days on August 14, attracting $639.61 million, while Bitcoin ETFs maintained a seven-day positive run with $230.93 million despite significant sell-offs, according to data first reported by SoSoValue.
Ether ETFs showcased robust demand, led by BlackRock’s iShares Ethereum Trust (ETHA) with $519.68 million in inflows, followed by Fidelity’s FETH at $56.94 million and Grayscale’s Ether Mini Trust at $60.73 million. No Ether ETF reported outflows for the third straight day, with trading volume reaching $4.22 billion and net assets holding at $29.22 billion.
This sustained momentum has bolstered Ethereum’s price, which rose 19% over the past week to approximately $4,650. Bitcoin ETFs faced heavier resistance, with BlackRock’s IBIT driving gains at $523.74 million, offset by outflows from Ark 21Shares’ ARKB ($149.92 million), Fidelity’s FBTC ($113.47 million), and others. Despite these exits, Bitcoin ETFs recorded a record $6.20 billion in trading volume, though net assets slipped to $153.43 billion.
Bitcoin’s price dipped 1.46% to $119,095, yet its ETFs remained positive, signaling persistent institutional interest. The contrasting dynamics highlight Ethereum’s growing institutional appeal, potentially driven by staking and DeFi prospects, while Bitcoin ETFs demonstrate resilience amid volatile flows.
