Ether ETF Inflow Figure Disputed: $189.2M vs $17.7M
CoinTurk News EN and Yahoo Finance report Ether ETF net inflows of $189.2 million on Aug 19, while NewsBTC reports $17.7 million for the same session.
CoinTurk News EN and Yahoo Finance report Ether ETF net inflows of $189.2 million on Aug 19, while NewsBTC reports $17.7 million for the same session.
What all sources agree on
- US spot Bitcoin ETFs recorded $517.2 million in net inflows on Wednesday.
- This marked the highest/largest single-day inflow since May 4.
- August’s total net inflows reached $1.47 billion.
- Spot Bitcoin ETFs have attracted about $1 billion since Monday.
- This is the strongest weekly inflow since the week ending January 16, when funds took in roughly $1.42 billion.
- The inflows coincided with a US Treasury announcement of expanded buybacks of longer-dated government debt.
- Bitcoin was trading near $72,000, up 11% over the previous 24 hours.
- President Donald Trump urged Congress/lawmakers to advance the CLARITY Act at a White House event.
Where the reports disagree
1Size of Ether ETF net inflows on August 19
Spot Ether ETFs also recorded strong inflows on Wednesday, totaling $189.2 million for the day and bringing the week’s total to roughly $291.5 million.
Spot Ethereum (CRYPTO: $ETH) ETFs also recorded strong demand, with $189.2 million in net inflows on Wednesday, bringing their weekly inflows to about $291.5 million.
Spot Ethereum ETFs also stayed positive, adding $17.7 million in net inflows.
What would settle it: Farside Investors’ or SoSoValue’s daily ETF flow data for August 19.
What to make of it
The $517.2 million Bitcoin ETF inflow figure and surrounding market context are consistently reported across all sources and can be treated as established; the Ether ETF inflow figure for the same day is not settled, with reports differing by more than tenfold, so it should not be cited without checking the underlying Farside or SoSoValue data.
The $517.2 million Bitcoin ETF inflow figure and surrounding market context are consistently reported across all sources and can be treated as established; the Ether ETF inflow figure for the same day is not settled, with reports differing by more than tenfold, so it should not be cited without checking the underlying Farside or SoSoValue data.
Original source: AltcoinGordon
Syndicated coverage. Originally reported by altcoingordon.com.
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