### Large Outflows from US Spot BTC ETFs#
Hot Topic Overview
Overview
Recently, the US spot BTC ETF market has seen significant outflows, totaling over $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 ETF FBTC saw a net inflow of $16.56 million yesterday, and its total net inflow to date has reached $12.157 billion. Meanwhile, the Ethereum spot ETF market also saw outflows, totaling $68.4788 million. Among them, Fidelity ETF FETH saw a net outflow of $65.43 million in a single day, and its total net inflow to date is $1.29 billion.
Ace Hot Topic Analysis
Analysis
Recently, the US spot BTC ETF market has seen a massive outflow of funds, with a net outflow of $149 million in a single day. Among them, IBIT saw the largest outflow, reaching $184 million, while BITB saw an outflow of $1.6 million. Notably, Fidelity ETF FBTC bucked the trend, with a net inflow of $16.56 million in a single day, bringing its total net inflow to $12.157 billion. Meanwhile, spot Ethereum ETFs also saw outflows, with a total net outflow of $68.4788 million, of which Fidelity ETF FETH saw the largest outflow, reaching $65.43 million. Despite this, FETH's total net inflow still reached $1.29 billion. Overall, the fund flow of spot BTC ETFs is positively correlated with the price of BTC, and investors can pay attention to changes in fund flow to assist in investment decisions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Spot BTC ETF in the US saw a large outflow of funds, which may be related to the recent decline in Bitcoin prices.
Some investors may be cautious about the trend of BTC prices and choose to withdraw funds from ETFs.
Fidelity's ETF FBTC still maintains a high inflow of funds, indicating that some investors remain optimistic about the future trend of BTC.
Spot Ethereum ETF also saw an outflow of funds, indicating that the overall market enthusiasm for cryptocurrency investment has declined.