U.S. spot bitcoin exchange-traded funds saw outflows of $91.76 million on Wednesday, extending their streak of negative flows to two consecutive days.
Ark and 21Shares’ ARKB led the outflows on Wednesday with $60.28 million leaving the product. Grayscale’s GBTC, the second-largest spot bitcoin ETF by net assets, recorded $27.31 million in net outflows.
BlackRock’s IBIT, the largest spot bitcoin ETF, reported net outflows of $13.74 million, marking its first daily outflows since Sept. 9. Bitwise’s BITB experienced outflows of $11.51 million, while the seven other spot bitcoin ETFs logged zero flows.
The total trading volume for all these ETFs shrank to $1.66 billion on Wednesday, down from $2.53 billion on Tuesday.
Bitcoin 
BTC -0.41% edged down 0.46% over the past 24 hours to trade at around $61,183 at the time of writing, while ether slid 3.77% to change hands at $2,391, according to The Block’s price page.
Meanwhile, spot Ethereum 
ETH -3.65% ETFs in the U.S. recorded $14.45 million in net inflows on Wednesday, after logging outflows of $48.52 million the day before.
BlackRock’s ETHA saw $18.04 million flow into the fund, while Franklin Templeton’s EZET reported net outflows of $1.81 million.
The Grayscale Ethereum Trust (ETHE) was the only spot ether ETF to record negative flows, with outflows of 5.4 million. The six other spot ether ETFs saw zero flows.
These nine ETFs’ total trading volume decreased to $197.82 million on Wednesday, down from $290.81 million on Tuesday.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
