### Large Outflows from US Spot BTC ETFs#
Hot Topic Overview
Overview
Recently, the US spot BTC ETF market has seen significant outflows, with a total net outflow of $149 million. Among them, IBIT saw a net outflow of $184 million in a single day, while BITB saw a net outflow of $1.6 million. Notably, Fidelity's ETF FBTC saw a net inflow of $16.57 million yesterday, bringing its total net inflow to $12.16 billion. Meanwhile, spot Ethereum ETFs also saw outflows, with a total net outflow of $68.48 million. Among them, Fidelity's ETF FETH saw a net outflow of $65.43 million in a single day, bringing its total net inflow to $1.29 billion.
Ace Hot Topic Analysis
Analysis
Recently, the US spot BTC ETF market has seen a large-scale outflow of funds, totaling $149 million. Among them, IBIT saw the most outflow, with a net outflow of $184 million in a single day, while BITB saw an outflow of $1.6 million. Notably, Fidelity ETF FBTC bucked the trend, with a net inflow of $16.57 million in a single day, bringing its total net inflow to $12.16 billion. Meanwhile, spot ETH ETFs also saw outflows, totaling $68.48 million, with Fidelity ETF FETH seeing the most outflow, with a net outflow of $65.43 million in a single day, bringing its total net inflow to $1.29 billion. While the current outflow situation is quite evident, Fidelity ETF's counter-trend performance is worth noting, which may reflect the market's divergent expectations for the future of BTC and ETH.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US spot BTC ETF market saw significant outflows, with net outflows reaching $149 million.
IBIT was the biggest outflow, with a net outflow of $184 million on a single day.
ETF fund flows have a significant positive correlation with BTC prices.
Fidelity ETF FBTC saw a net inflow of $16.56 million yesterday, and FBTC's total net inflow to date is $12.157 billion.