Bitcoin ETFs Bleed $145M as Grayscale Minis Buck the Trend; Ether Funds Shed $14.6M

Investors pulled $145 million from U.S. spot Bitcoin ETFs on Aug. 10, the largest single-day redemption in over a week, according to data tracked by SoSoValue and highlighted in the original report.

Spot Ether ETFs also bled $14.59 million, extending a pattern of tepid demand for Ethereum-based fund products.

But the headline numbers masked a telling fissure: Grayscale’s mini trusts, which offer the same underlying exposure at a sharply lower fee, registered notable inflows, with the Bitcoin Mini Trust pulling in $37.06 million and the Ethereum Mini Trust attracting $8.59 million.

The divergence points to a market increasingly discriminating about cost. The Grayscale Bitcoin Trust (GBTC) and its larger Ethereum counterpart have long struggled with outflows as early investors exit and competitors undercut them on management fees.