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Cryptocurrency shift: Significant 'Flippening' occurs in ETFs, favoring Ethereum over Bitcoin

Cryptocurrency investors could be transferring resources to Ethereum Exchange-Traded Funds, as the second digital currency attains a fresh all-time high.

Cryptocurrency shift: Historic 'Flippening' occurs in ETFs, with Ethereum surpassing Bitcoin's...
Cryptocurrency shift: Historic 'Flippening' occurs in ETFs, with Ethereum surpassing Bitcoin's position

Cryptocurrency shift: Significant 'Flippening' occurs in ETFs, favoring Ethereum over Bitcoin

In the past six days, there has been a notable shift in the Bitcoin and Ethereum Exchange-Traded Fund (ETF) market in the USA.

U.S. Bitcoin spot ETFs have been under pressure for six consecutive days, with significant withdrawals recorded. On August 19, a net outflow of $523 million was observed, followed by $311 million and $192 million on the subsequent days. This trend is largely attributed to institutional investors such as Kronos Research, which led profit-taking and liquidations after Bitcoin's early August peak.

Meanwhile, BlackRock's IBIT is responsible for almost $200 million of these withdrawals. Fidelity's FBTC and ARK Investments' ARKB products also contributed to these outflows. As a result, the total net assets for U.S. Bitcoin spot ETFs are currently $150.23 billion.

In contrast, Ethereum spot ETFs have experienced a decent growth in the last two weeks. On Aug. 19, 2025, the total value of all Ethereum ETFs in the U.S. increased by over $287 million, amid an 11% Ether price upsurge. The total assets allocated to Ethereum spot ETFs have now reached $26.55 billion.

BlackRock's ETHA and Fidelity's FETH account for a significant portion of yesterday's Ethereum spot ETF liquidity inflow. Yesterday, Ethereum-based spot ETFs registered a $287.6 million liquidity inflow.

This growth in Ethereum spot ETFs is in contrast to the decline in U.S. Bitcoin spot ETFs over the same period. In fact, since Aug. 15, 2025, the total value of all spot ETFs on Bitcoin (BTC) has decreased by $1.75 billion.

Bitcoin's (BTC) price has only lost 2.3% in the last seven days, which might indicate investors are reallocating their funds. The price of Bitcoin (BTC) is currently $114,900, down by 2.4% in the last 24 hours on major spot trading platforms.

Ethereum (ETH) is changing hands at $4,741, up by 3.6% in the last 24 hours. Ethereum has secured the second most bullish month for its ETFs in August 2025, with the total August 2025 growth for Ethereum ETFs surpassing $2.45 billion. This marks Ethereum's ETFs' second-biggest monthly inflow.

It's important to note that these trends are a reflection of the broader crypto market and may not be indicative of the long-term performance of these assets. As always, it's crucial for investors to conduct thorough research and consider their risk tolerance before making any investment decisions.

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