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Bitcoin ETF Withdrawals Surge Past $358M

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
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