#$149 million flows out of US spot BTC ETFs#
Hot Topic Overview
Overview
Recently, the U.S. spot Bitcoin ETF market saw a significant outflow of funds, totaling $149 million. Among them, IBIT saw the largest outflow, with a net outflow of $184 million in a single day, while BITB saw an outflow of $1.6 million. Notably, Fidelity's ETF FBTC went against the trend, with a net inflow of $16.57 million in a single day. Currently, its total historical net inflow has reached $12.16 billion. At the same time, spot Ethereum ETFs also saw fund outflows, totaling $68.48 million. Among them, Fidelity's ETF FETH saw the largest outflow, with a net outflow of $65.43 million in a single day.
Ace Hot Topic Analysis
Analysis
Recently, the US spot Bitcoin ETF market has seen a large outflow of funds, totaling approximately $149 million. Among them, IBIT saw the largest outflow, with a net outflow of $184 million on a single day; followed by BITB, with a net outflow of $1.6 million. Notably, Fidelity's ETF FBTC bucked the trend, with a net inflow of $16.57 million on a single day, its total net inflow now reaching $12.16 billion. Meanwhile, the spot Ethereum ETF also saw an outflow of funds, totaling $68.48 million, with Fidelity's ETF FETH seeing a net outflow of $65.43 million on a single day, but its total net inflow still reaching $1.29 billion. Overall, the recent US spot Bitcoin and Ethereum ETF market has shown a trend of divergence in fund flows, with some ETFs experiencing outflows, while others are bucking the trend and seeing inflows.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
U.S. spot BTC ETF market saw massive outflows, with a net outflow of $149 million.
IBIT was the biggest outflow, with a net outflow of $184 million on the day.
ETF fund flows have a strong positive correlation with BTC price.
Fidelity ETF FBTC saw a net inflow of $16.56 million on the day, bringing its total net inflow to $12.157 billion.