Bitcoin ETFs Bleed $226M While Ethereum Funds Feast on $130M Windfall

CN
1 day ago

There’s been a heap of market jitters floating around, amplified by the typical holiday lull. On Dec. 23, the 12 spot bitcoin ETFs experienced a day of outflows, with a whopping $226.56 million draining from their reserves. Blackrock‘s IBIT did manage to pocket $31.66 million, but seven other ETFs more than canceled out those gains with their reductions. The biggest casualty on Monday was Fidelity’s FBTC, which saw a hefty $145.97 million evaporate. FBTC was closely tailed by Grayscale’s GBTC, which lost $38.39 million on Monday.

Invesco’s BTCO was down $25.56 million, Bitwise‘s BITB lost $23.75 million, and Ark Invest’s and 21shares’ ARKB saw $15.75 million vanish. Grayscale’s Bitcoin Mini Trust also took a $6.18 million hit, and Vaneck’s HODL decreased by $2.62 million. This dip still leaves the 12 funds with a cumulative net inflow of $35.83 billion since Jan. 11, 2024. According to Sosovalue.com data, $3.52 billion was traded on Monday, and the funds now hold $105.08 billion in BTC.

On the flip side, the nine ethereum ETFs had a day to celebrate, gathering $130.76 million in positive inflows. Blackrock’s ETHA was the star, scooping up $89.51 million. Not far behind, Fidelity‘s FETH absorbed $46.37 million. Bitwise’s ETHW also managed to attract $963,720 in inflows. However, Grayscale’s Ethereum Mini Trust took a small step back, losing $6.09 million during the day’s trading.

These inflows boosted the cumulative net inflows since July 23 to $2.46 billion. Sosovalue.com metrics reveal that around $494.25 million was exchanged on Monday. The nine ETH funds now boast $12.05 billion in ether reserves, representing 2.94% of the crypto asset’s total market value.

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