Since 1st of July: ETH ETF net inflows: $8.6 billion BTC ETF net inflows: $5.1 billion Brutal.
JANE STREET BOOSTS BITCOIN ETF HOLDINGS TO $3.4 BILLION Trading firm Jane Street has increased its Bitcoin ETF exposure to $3.4 billion, signaling growing institutional confidence. Wall Street appears to be quietly accumulating Bitcoin despite broader market volatility. https://t.co/BQhfqozM1V
BlackRock buys $315m Ethereum as spot ETFs attract $444m in fresh inflows https://t.co/lsoTK93J7W
Goldman Sachs added about $194 million of Bitcoin exposure through exchange-traded funds in the second quarter, according to updated regulatory filings, bringing its total bitcoin ETF holdings to roughly $470 million. The purchase underscores a steady expansion of the bank’s digital-asset footprint after entering the market earlier this year. Trading firm Jane Street Group, which manages more than $500 billion in assets, has also expanded its position, lifting its Bitcoin ETF holdings to $3.4 billion as of Aug. 21. The increase signals continued institutional appetite even as cryptocurrency prices remain volatile. Activity at BlackRock has been mixed. Blockchain-tracking services show the asset manager bought 568 bitcoin valued at about $62.6 million, while separate on-chain data indicate it transferred 1,703 bitcoin—worth roughly $189 million at the time—to Coinbase. The moves come as several large managers rebalance digital-asset allocations. Fund flows highlight the shifting sentiment. US-listed spot Bitcoin ETFs bled $1.17 billion in the week ended Aug. 22, the second-largest weekly outflow since their January debut. Two trading days later, the group swung back to a collective $219 million of net inflows, led by Fidelity, BlackRock and ARK Investment Management. Ethereum products have proved more resilient, attracting about $444 million of net inflows on Aug. 25. The pickup in buying suggests that, despite recent turbulence, major Wall Street players continue to build exposure to flagship crypto assets.