Spot Bitcoin ETFs Record $4.89M Inflows, Only BlackRock’s IBIT Attracts Capital on August 11

The spot ETF market painted a split picture on August 11. Bitcoin funds eked out a modest gain while Ethereum products leaked capital, underscoring a patchy demand environment as the summer doldrums settle in.

According to the market update from SoSoValue, net inflows into spot Bitcoin ETFs totaled $4.8862 million. Only BlackRock’s IBIT saw fresh money enter; other issuers recorded either zero flows or mild outflows.

Spot Ethereum ETFs, by contrast, logged $1.7644 million in net outflows. Fidelity’s FETH led the decline with $2.3283 million in redemptions, a lopsided move that outweighed any minor interest elsewhere. The daily figures are not large, but the split is telling.

Why BlackRock’s IBIT Stands Out IBIT has repeatedly demonstrated an ability to funnel institutional and retail capital even when broader enthusiasm cools.