{"id":37108,"date":"2024-09-02T19:25:46","date_gmt":"2024-09-02T19:25:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-etfs-outperform-ether-etfs-as-blackrocks-ibit-leads-peers\/"},"modified":"2024-09-02T19:25:46","modified_gmt":"2024-09-02T19:25:46","slug":"bitcoin-etfs-outperform-ether-etfs-as-blackrocks-ibit-leads-peers","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-etfs-outperform-ether-etfs-as-blackrocks-ibit-leads-peers\/","title":{"rendered":"Bitcoin ETFs outperform Ether ETFs as BlackRock&#8217;s IBIT leads peers"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/Bitcoin-ETF-flows-outperform-Ether-ETFs-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/Bitcoin-ETF-flows-outperform-Ether-ETFs-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/Bitcoin-ETF-flows-outperform-Ether-ETFs-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/Bitcoin-ETF-flows-outperform-Ether-ETFs-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows.<\/li>\n<li>BlackRock\u2019s IBIT leads with over $224M in a single day, currently holding over 350,000 BTC.<\/li>\n<li>Ether ETFs are struggling due to liquidity issues and Grayscale\u2019s $2.5B outflows.<\/li>\n<\/ul>\n<p>Recent trends in the cryptocurrency exchange-traded funds (ETF) market have highlighted a significant divergence in the performance of Bitcoin and Ether ETFs.<\/p>\n<p>Comparing <a href=\"https:\/\/farside.co.uk\/btc\/\">Bitcoin ETF Flow data<\/a> to <a href=\"https:\/\/farside.co.uk\/eth\/\">Ethereum ETF Flow\u00a0data<\/a> on Farside Investors, Ether spot ETFs have underwhelmed compared to their Bitcoin counterparts. Since their launch, Ether ETFs have experienced net outflows of approximately $500 million, a stark contrast to the $5 billion net inflows recorded by BTC ETFs during a similar period following their debut.<\/p>\n<p>Several factors contribute to this disparity. To start with, Bitcoin\u2019s \u201cfirst mover advantage,\u201d higher liquidity, and lack of staking opportunities in Ether ETFs have made <a href=\"https:\/\/coinjournal.net\/bitcoin\/what-is-bitcoin\/\">Bitcoin<\/a> more appealing to institutional investors.<\/p>\n<p>Additionally, unexpected outflows from Grayscale\u2019s Ethereum Trust (ETHE), amounting to $2.5 billion, far exceeding the bank\u2019s initial $1 billion estimate, have further dampened Ether ETF performance. To counter these outflows, Grayscale introduced a mini-Ether ETF, but it has only managed to attract $200 million in inflows.<\/p>\n<p>In contrast, BTC ETFs have shown resilience and robust performance with US-based BTC ETFs recording an impressive eight-day winning streak, with net inflows totalling $202 million led by BlackRock\u2019s iShares Bitcoin Trust (IBIT).<\/p>\n<p>On August 26 alone, IBIT attracted over $224 million in net inflows bringing its total Bitcoin holdings to over 350,000 BTC, solidifying its dominance in the market.<\/p>\n<figure id=\"attachment_225743\" aria-describedby=\"caption-attachment-225743\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-225743 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/09\/US-Bitcoin-ETF-AUM.png\" alt=\"Bitcoin ETF flows outperform Ether ETFs as BlackRock's IBIT leads peers\" width=\"624\" height=\"514\"\/><figcaption id=\"caption-attachment-225743\" class=\"wp-caption-text\">US Bitcoin ETF AUM, August January 18 \u2013 August 30, 2024|Source: <a href=\"https:\/\/btcetffundflow.com\/us\">Bitcoin ETF Fund Flows<\/a><\/figcaption><\/figure>\n<p>Competing funds such as those managed by Franklin Templeton and WisdomTree also saw positive inflows, while others, including Fidelity, Bitwise, and VanEck, reported negative flows. Notably, Grayscale\u2019s Bitcoin Trust (GBTC) saw a decline in redemptions over the past two weeks, indicating stabilization in the market.<\/p>\n<p>As investor confidence in Bitcoin ETFs grows, asset managers are increasingly exploring combined ETFs that offer exposure to both Bitcoin and Ethereum, reflecting the evolving dynamics of the cryptocurrency investment landscape.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-etfs-outperform-ether-etfs-as-blackrocks-ibit-leads-peers\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock\u2019s IBIT leads with over $224M in a single day, currently holding over 350,000 BTC. Ether ETFs are struggling due to liquidity issues and Grayscale\u2019s $2.5B [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":37109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37108"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=37108"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/37109"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=37108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=37108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=37108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}