In a sign of cautious investor sentiment, Bitcoin BTC/USD spot ETFs experienced modest net inflows on Aug. 15, totaling just $11.1 million.

What Happened: This muted enthusiasm comes as funding rates for Bitcoin futures on major exchanges turn negative, potentially signaling bearish short-term market sentiment.

The Grayscale Bitcoin Trust GBTC, the largest Bitcoin ETF by assets under management, saw outflows of $25 million.

However, these were offset by inflows into other products, with Fidelity‘s FBTC ETF attracting $16.2 million and Grayscale‘s mini Bitcoin ETF seeing inflows of $13.6 million, according to data from SoSo Value.

On the Ethereum front, spot ETFs faced…

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