Are you looking to stay informed on the latest trends in the US BTC-spot ETF and ETH-spot ETF markets? Look no further than Extreme Investor Network for exclusive insights and analysis.
In a recent report by Farside Investors, the US BTC-spot ETF market saw a shift in demand with total net outflows of $123.3 million for the week ending August 2. Notable figures include Grayscale Bitcoin Trust (GBTC) experiencing net outflows of $245.1 million and the iShares Bitcoin Trust (IBIT) reporting net inflows of $327.4 million.
On the other hand, Ethereum (ETH) faced a challenging week, dropping below $3,000 due to market trends and supply factors. The US ETH-spot ETF market also saw total net outflows of $115.1 million, with Grayscale Ethereum Trust (ETHE) experiencing total net outflows of $603.0 million.
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