Provisional figures come from days that have closed but whose inputs, such as the quoted price or a company's latest filing, can still be revised; the linked chart always shows the current value.
US spot ETFs
The US spot bitcoin ETFs whose daily holdings files we read took in a net 41,534 BTC in August, over the 21 trading days in our data. Together they held 828,970 BTC on 31 Aug; the funds we read all month went from 792,924 BTC to 834,458 BTC (+5.2%).
The biggest day was 20 Aug, with +7,048 BTC; the heaviest outflow came on 28 Aug, at −2,081 BTC; by fund, IBIT took in 42,721 BTC, ARKB took in 430 BTC, HODL gave up 1,473 BTC and EZBC gave up 145 BTC.
The US spot ether ETFs whose daily holdings files we read took in a net 662,879 ETH in August, over the 21 trading days in our data. Together they held 3.92M ETH on 31 Aug; the funds we read all month went from 3.28M ETH to 3.95M ETH (+20.2%).
The biggest day was 20 Aug, with +90,721 ETH; the heaviest outflow came on 10 Aug, at −10,572 ETH; by fund, ETHA took in 593,276 ETH and ETHB took in 64,378 ETH.
- Bitcoin ETF net flow21 trading days, funds we read daily
- +41,534 BTC
- Bitcoin ETF holdings31 Aug
- 828,970 BTC
- Ether ETF net flow21 trading days, funds we read daily
- +662,879 ETH
- Ether ETF holdings31 Aug
- 3.92M ETH
Treasury companies
ProvisionalCompanies that file with the US SEC added a net 3,862 BTC in August, by the holdings they reported, and ended the month with 1.18M BTC. Miners produced 13,988 BTC in the same days, so the companies took 0.3 times the new supply. With the ETFs we read, funds and companies absorbed 45,396 BTC, 3.2 times what was mined.
Companies that file with the US SEC added a net 129,652 ETH in August, by the holdings they reported, and ended the month with 7.19M ETH.
How the buying is paid for: over the four quarters they had reported by the end of August, bitcoin treasury companies raised $27.8B, $15.5B from common stock and $12.3B from preferred stock.
- Bitcoin minedour own node
- 13,988 BTC
- Company bitcoin holdingsSEC filers, as reported
- 1.18M BTC+3,862 BTC
- Company ether holdingsSEC filers, as reported
- 7.19M ETH+129,652 ETH
- Raised by bitcoin treasury companieslast four reported quarters
- $27.8B
CME futures positioning
On CME bitcoin futures, in the last CFTC report dated in August (25 Aug), asset managers were net long 14,776 BTC, from net long 11,284 BTC on 28 Jul; leveraged funds were net short 40,912 BTC, from net short 34,321 BTC on 28 Jul; dealers were net long 17,862 BTC, from net long 19,568 BTC on 28 Jul.
On CME ether futures, in the last CFTC report dated in August (25 Aug), asset managers were net short 110,379 ETH, from net short 174,175 ETH on 28 Jul; leveraged funds were net short 431,913 ETH, from net short 284,946 ETH on 28 Jul; dealers were net long 562,294 ETH, from net long 452,134 ETH on 28 Jul.
The CFTC publishes these positions each Friday for the Tuesday before. Asset managers are funds that mostly hold futures alongside other assets; leveraged funds include hedge funds running basis trades, which pair short futures with long ETF or spot positions.
- CME bitcoin, asset managers net
- +14,776 BTC+3,491 BTC
- CME bitcoin, leveraged funds net
- −40,912 BTC−6,592 BTC
- CME bitcoin, dealers net
- +17,862 BTC−1,706 BTC
- CME ether, asset managers net
- −110,379 ETH+63,796 ETH
- CME ether, leveraged funds net
- −431,913 ETH−146,966 ETH
- CME ether, dealers net
- +562,294 ETH+110,160 ETH
Prices
ProvisionalBitcoin closed August at $78,566, up 25.1% on the month; Ether closed August at $2,468, up 32.5% on the month.
- Bitcoin month close
- $78,566+25.1%
- Ether month close
- $2,468+32.5%
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How this report is made
CryptoKeyhole Monthly is written automatically after each month closes, from the charts CryptoKeyhole publishes: the US spot ETF issuers' own daily holdings files, the filings of companies that report to the US SEC, the CFTC's weekly positioning reports, and our own Bitcoin and Ethereum nodes and market data. No one edits the figures, and each sentence only restates them.
A month runs from its first day to its last, UTC. ETF flows are the sum of the funds' daily flows on the month's US trading days, for the funds whose issuers' daily files we read; a fund that joins our coverage counts from that day. Company holdings change in steps when filings arrive, so a month counts the reports dated in it. Futures positions compare the last CFTC report dated in the month with the last of the month before. Each linked chart explains its source and calculation.
The sentences describe the month's data and make no forecasts.