According to data from SoSoValue, 12 spot Bitcoin ETFs recorded a total inflow of $192.56 million on August 8. This inflow represents a more than fourfold increase compared to the $45.14 million recorded the previous day.

Such an increase indicates that Bitcoin ETFs are gaining increasing attention among investors and investors’ confidence in Bitcoin is increasing.

BlackRock’s IBIT fund attracted the largest share of these inflows. With inflows of $157.6 million, IBIT has reached a total inflow of $20.3 billion since launch. This fund from BlackRock has become an option that attracts the attention of large investors and institutional clients.

Another notable fund, WisdomTree’s BTCW, reached its highest inflow since its launch with an inflow of $118.5 million. This shows that WisdomTree’s Bitcoin ETFs are also attracting a lot of interest.

These funds were the only funds to record inflows on their second consecutive day. Other funds have failed to perform similarly these days.

Fidelity’s FBTC fund and ARK 21Shares’ ARKB fund also received inflows of $65.2 million and $32.8 million, respectively. However, VanEck’s HODL fund recorded the lowest inflow compared to other funds, generating just $3.4 million in inflows. This may indicate that VanEck’s fund is having difficulty attracting investor interest.

These significant inflows offset the $2.9 million coming out of Grayscale’s GBTC fund. In total, GBTC has lost over $19.3 billion in value since launch. Other funds experienced neutral flows during this period, meaning no major outflows or inflows were observed.

The transaction volume of these funds also increased significantly. Transaction volume increased to $2.02 billion, surpassing the $1.79 billion seen the previous day. Total net inflows into spot BTC ETFs reached $17.43 billion.

On the other hand, Ethereum ETFs experienced a net outflow of $2.9 million on August 8. Chief among these exits was Grayscale’s ETHE fund; There was an outflow of 19.8 million dollars. Fidelity’s FETH fund had its first day since its launch and reached $2.6 million. These outflows indicate that Ethereum ETFs are gaining less traction among investors or that market uncertainty is having an impact.

BlackRock’s ETHA, Grayscale’s Ether mini trust and Bitwise’s ETHW funds recorded inflows of $11.7 million, $5 million and $2.8 million. However, other Ethereum ETFs experienced zero flows. This reveals that the performance of Ethereum ETFs is not as impressive as Bitcoin ETFs.

As a result, Ethereum ETFs experienced two consecutive breakout days, significantly lower than the $23.7 million recorded the previous day. Trading volume of nine Ethereum ETFs increased slightly to $338.49 million. These funds have experienced a total net outflow of $390.23 million so far.

At the time of writing, Bitcoin was trading at $60,914 while Ethereum was trading at $2,688. These values ​​reflect investors’ general perception of cryptocurrencies and the current state of the market.