Significant Capital Outflows and Inflows in Cryptocurrency ETFs
- Bitcoin spot ETFs experienced a capital outflow of $358.65 million in one day.
- Ethereum spot ETFs saw a capital inflow of $91.93 million, marking nine consecutive positive days.
- FBTC lost $166.32 million, while GBTC shed $107.53 million.
- ARKB and BITB had capital exits of $89.22 million and $70.85 million, respectively.
- IBIT was the only Bitcoin ETF with a net inflow during this period.
- ETHA received an investment of $50.45 million, and FETH gained $38.31 million.
The cryptocurrency market showed contrasting trends as Bitcoin spot ETFs faced a significant outflow of $358.65 million, while Ethereum spot ETFs attracted an inflow of $91.93 million over nine days.
Source (2.6)https://hodl.press/spot-bitcoin-etf-withdrawals-exceed-358-million-in-24-hours/?rand=24434