Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses

CN
4 hours ago

On Tuesday, Blackrock’s IBIT took the lead, bringing in $288.84 million in inflows, raising its total net inflows to $22.07 billion. Fidelity’s FBTC followed closely, accumulating $35.03 million during the trading session. Next, Ark Invest and 21shares’ ARKB drew in $14.68 million. Trailing IBIT, FBTC, and ARKB were Grayscale’s Bitcoin Mini Trust with $13.36 million, GBTC at $7.99 million, HODL at $7.56 million, and BTCW with $2.84 million.

The funds’ BRRR, BTCO, EZBC, and DEFI had a quiet day with no recorded gains or losses. The latest inflows pushed cumulative net gains since Jan. 11 to $19.73 billion. According to sosovalue.xyz, $3.05 billion was traded on Tuesday. As of Oct. 16, the 12 funds collectively hold $63.13 billion in bitcoin reserves, representing 4.8% of the cryptocurrency’s total market value.

Ethereum-based funds did not fare as well, with $12.7 million flowing out of the nine ETFs. Only Fidelity’s FETH saw positive action, absorbing $2.59 million on Tuesday. However, Grayscale’s ETHE offset this with $15.29 million in outflows. No other funds reported any activity in terms of inflows or outflows, according to sosovalue.xyz.

This loss adds to the cumulative net outflows recorded since July 23, now totaling $554.52 million after the $12.7 million outflow. Around $235.56 million was traded across the nine funds on Tuesday. As of Oct. 16, 2024, the nine funds collectively hold $7.1 billion in ether, accounting for 2.29% of ETH’s market capitalization.

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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink