### US stock BTC ETF funds see significant outflows#
Hot Topic Overview
Overview
Recently, the US spot BTC ETF market has seen a significant outflow of funds, 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. At the same time, spot Ethereum ETFs also experienced outflows, with a total net outflow of $68.48 million, of which FETH saw a net outflow of $65.43 million in a single day. While Fidelity ETFs FBTC and FETH have achieved total net inflows of $12.16 billion and $1.29 billion, respectively, the recent outflows may indicate that institutional investors are taking a cautious stance on the market, possibly due to macroeconomic factors or profit-taking after the recent rebound.
Ace Hot Topic Analysis
Analysis
Recently, the US spot BTC ETF market has seen significant outflows, with a single-day net outflow of $149 million. Among them, IBIT saw the most outflows, with a single-day net outflow of $184 million, followed by BITB with $1.6 million in outflows. However, Fidelity ETF FBTC bucked the trend, with a single-day net inflow of $16.56 million, bringing its total net inflow to $12.15 billion. At the same time, Ethereum spot ETFs also saw outflows, with a total net outflow of $68.47 million. Of this, Fidelity ETF FETH saw the most outflows, with a single-day net outflow of $65.43 million, bringing its total net inflow to $1.29 billion. Analysts believe that recent outflows from BTC and ETH ETFs may be linked to macroeconomic factors or profit-taking after recent rallies, and institutional investors may be adopting a cautious approach.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US stocks BTC ETF funds have seen significant outflows, which may indicate that institutional investors are cautious, possibly due to macroeconomic factors or profit-taking after the recent rebound.
ETF fund flows have a significant positive correlation with BTC prices.
Fidelity's ETF FBTC has a total net inflow of $121.57 billion, making it the bitcoin spot ETF with the largest single-day net inflow.
Fidelity's ETF FETH has a total net inflow of $12.9 billion, making it the Ethereum spot ETF with the largest single-day net outflow.