GBTC redeemed $50.4 million on Wednesday, the first outflow cell of this run. Farside Investors still printed the August 26 row at +$232.2 million net, an eighth cash session in the green, because Grayscale’s 0.15 percent mini created $46.8 million and BlackRock’s IBIT created $200.8 million.
One issuer, two wrappers
Five funds created and one redeemed. IBIT +$200.8 million. Fidelity’s FBTC created $25.6 million. The Grayscale mini BTC +$46.8 million. Bitwise’s BITB created $6.0 million. Morgan Stanley’s MSBT created $3.4 million. GBTC redeemed $50.4 million. ARK, Invesco, Franklin, Valkyrie, VanEck, and WisdomTree printed 0.0. Farside’s bundled card matches the live table: 232.2 net, IBIT 200.8, GBTC −50.4, mini 46.8.
Those five green cells sum to $282.6 million. Subtract GBTC and you get $232.2 million. IBIT is about 86 percent of the net. The mini is about 20 percent of the net on its own, and it covers about 93 percent of the GBTC redemption. Compare that with Tuesday, when five funds created, none redeemed, and IBIT did 90 percent of a $314.3 million sheet. Wednesday is smaller in dollars. It is also the first day of the streak with a redemption column.
GBTC still charges 1.50 percent. The mini charges 0.15 percent. The two cells landing on the same issuer, in opposite directions, is a share-class rotation on Farside’s own fee row, not a read of who is buying bitcoin.
Sats Intel, last updated 04:12 UTC on August 27, still showed +$185.4 million with IBIT +$200.8 million and GBTC −$50.4 million. Add the missing mini cell and you get 232.2. This time the restatement was the Grayscale mini.
Ethereum products stayed green and grew. Farside’s ETH table shows +$192.4 million, up from Tuesday’s $179.8 million. ETHA created $115.7 million. The Grayscale mini ETH +$34.7 million. Fidelity’s FETH created $32.0 million. BlackRock’s ETHB +$6.4 million. 21Shares’ TETH +$2.7 million. Franklin’s EZET +$0.9 million. The other four ETH funds printed 0.0. The ETH total card matches 192.4. ETHA is about 60 percent of that net. Combined Bitcoin plus ether on Wednesday is $424.6 million.
Eight cash days, $2.80 billion
August 17 is +$297.5 million. August 18 is +$189.3 million. August 19 is +$517.2 million. August 20 is +$606.3 million. August 21 is +$307.5 million. August 24 is +$337.6 million. August 25 is +$314.3 million. August 26 is +$232.2 million. Eight sessions: $2,801.9 million. IBIT took $2,024.9 million of that, about 72 percent. Fidelity added $438.7 million. Wednesday is the streak’s second-smallest day, ahead of only August 18.
The eight ETH sessions in the same window add $1,180.4 million (30.9 + 71.4 + 186.8 + 219.5 + 184.0 + 115.6 + 179.8 + 192.4). Bitcoin plus ether creations for the eight days land around $3.98 billion. Wednesday’s combined print is $424.6 million, smaller than Tuesday’s $494.1 million, with ether doing more of the work.
From the August 3 reopen through Wednesday the Bitcoin complex is about $3.28 billion net positive across 18 cash sessions, 14 inflows against 4 outflows, with August 20 still the biggest day. Farside’s lifetime total is $54.66 billion. FinanceFeeds, reading the same Farside row, matches $232.2 million and puts the eight-session Bitcoin total at about $2.80 billion.
BlackRock’s IBIT product page put Wednesday’s NAV at $44.42, down $0.30 or 0.68 percent, with net assets about $60.52 billion and 1.36 billion shares outstanding. The CME CF Bitcoin Reference Rate New York Variant on that page printed $78,441.71, about $584 under Crypto.com’s UTC 1D settle of $79,025.30. The coin kept trading after the listed session ended.
Wednesday settled $79K; Thursday tagged $80K again
Settled 1D candles on Crypto.com now include Wednesday. Tuesday opened at $78,988.65, tagged $81,271.25, and settled $78,524.00. Wednesday opened at $78,533.33, printed a $77,618.97 low, tagged $79,248.79, and settled $79,025.30. The UTC close finished above Tuesday’s settle. Ethereum settled Wednesday at $2,506.82 after tagging $2,515.63.
Thursday’s candle is still forming. BTC/USDT opened the UTC day at $79,027.13 and, as of about 16:44 UTC on August 27, last traded near $80,551 on Crypto.com Exchange, after a session range of $78,550.45–$80,806.99. That last is intraday, not a close. The August 27 1D candle stays open until 00:00 UTC. Ethereum traded near $2,532 at the same snapshot.
The Kansas City Fed’s Jackson Hole Economic Policy Symposium opened this morning and runs through August 29 under the theme “Financial Innovation: Implications for Payments and Policy.” Kevin Warsh’s first Jackson Hole keynote as Fed chair is scheduled for Friday. That is the week’s calendar.
The chart below pairs settled daily closes, plus Thursday’s still-forming candle, with the Crypto Fear & Greed Index. Price left the $69,000s last week, gave back Tuesday’s $81,271 tag, locked $79,025 on Wednesday, and has spent Thursday’s open hours back through $80,000.
BTC price vs the Crypto Fear & Greed Index, August 20–27. Wednesday settled $79,025. Thursday’s still-open candle is an intraday read as of ~16:44 UTC, not a settled close. Sources: Crypto.com Exchange 1D candles and alternative.me.
The composite read 74 (Greed) on Tuesday, eased to 65 on Wednesday, and prints 71 this morning. Still Greed, three points off Tuesday’s local high, while the coin spends Thursday’s open hours back through $80,000.
Authorized participants already booked Wednesday, redemption included. Thursday’s last will keep moving until 00:00 UTC, and Warsh has not spoken yet. This is a snapshot, not advice.
