Bitcoin ETFs See Third Straight Day of Outflows as Market Holds Steady

Bitcoin spot ETFs recorded a net outflow of $57.63 million on August 14, marking the third consecutive day investors pulled money from the funds.

Despite the outflows, bitcoin held relatively steady, trading near $62,971, up slightly on the day.

Ethereum ETFs Show Flat Activity

Ethereum spot ETFs recorded zero net flows on the same day, according to data trackers. Total net asset value for Ethereum ETFs stands at $10.521 billion, representing a net asset ratio of 4.64%, with cumulative inflows since launch reaching $11.453 billion.

Broader Market Mostly Steady, LINK Stands Out

Most major cryptocurrencies traded within a narrow range Thursday, with modest gains across large-cap tokens. One notable exception was $LINK, which surged nearly 8% while the rest of the market moved sideways, making it the standout performer of the session.