Spot Bitcoin and Ethereum ETFs recorded over $1 billion in combined outflows on August 19, marking their second-largest withdrawal day this month.
By Bhushan Akolkar
Editor Hamza Tariq
Updated
2 mins read
US issuers of spot Bitcoin BTC $114 610 24h volatility: 1.4% Market cap: $2.28 T Vol. 24h: $41.40 B ETFs, and spot Ethereum ETH $4 330 24h volatility: 5.2% Market cap: $522.26 B Vol. 24h: $42.02 B ETFs, faced heavy outflows of more than $1 billion on Tuesday, August 19.
ETFs for both the top crypto assets saw their second-largest outflows this month. On Tuesday, Bitcoin outflows went up by more than 300% while Ethereum outflows doubled.
Spot Bitcoin ETFs saw $523 million in outflows on Tuesday, accelerating 4 times the outflows on Monday, as per data from Farside Investors.
Similarly, Ethereum ETFs also faced heavy losses, with outflows jumping from $200 million on Monday to $422 million.
Combined Bitcoin and Ethereum funds have logged three straight days of outflows totaling $1.3 billion.
This comes along with a sharp Bitcoin price drop of 8.3%, and Ethereum price correction of 10.83% on the weekly chart.
8/19 Bitcoin ETF Total Net Flow: -$523.31 million$IBIT (BlackRock): $0.00 million$FBTC (Fidelity): -$246.89 million$BITB (Bitwise): -$86.76 million$ARKB (Ark Invest): -$63.35 million$BTCO (Invesco): n/a$EZBC (Franklin): -$3.27 million$BRRR (Valkyrie): $0.00 million$HODL… https://t.co/DzXQtqfr5T pic.twitter.com/6JI9w9aiGZ
— Trader T (@thepfund) August 20, 2025
Fidelity Investments saw the largest withdrawals on Tuesday, with $247 million exiting its Wise Origin Bitcoin Fund (FBTC) and $156 million from the Fidelity Ethereum Fund (FETH), for a combined $403 million in outflows.
Similarly, Grayscale also faced significant redemptions, as the Grayscale Bitcoin Trust ETF (GBTC) lost $116 million and the Grayscale Ethereum Trust (ETHE) saw $122 million withdrawn.
BlackRock remained the most stable, with its Bitcoin fund IBIT seeing no outflows and its iShares Ethereum Trust ETF (ETHA) experiencing only a minor $6 million withdrawal.
Note that the current three-day outflows in Bitcoin ETF and Ethereum ETFs come after weeks of consecutive inflows, and minor in comparison.
Senior Bloomberg ETF analyst Eric Balchunas noted on X that Ether ETFs made Bitcoin the “second-best” crypto asset in July, as investors increasingly shifted from Bitcoin ETFs to Ether ETFs.
Ether ETFs Turn Bitcoin Into 'Second Best' Crypto Asset in July.. new from @SirYappityyapp and myself who awarded Ether ETFs as our ETF of the month for July. Normally we just pick one but the whole category caught fire pic.twitter.com/o9yql2hDHM
— Eric Balchunas (@EricBalchunas) August 18, 2025
On Wednesday, August 20, the Crypto Fear & Greed Index shifted to “Fear,” recording a score of 44 after an extended stretch of bullish sentiment, signaling increasing caution among investors.
Crypto Fear & Greed Index showing a shift to fear with a score of 44 on August 20, 2025. | Source: Alternative.me
The broader crypto market correction continued today, with BTC and altcoins under pressure. Total liquidations reached $462 million, including $381 million in long positions.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
