All 12 U.S. Bitcoin spot ETFs recorded outflows totaling $558.44 million on November 7. This was one of the largest single-day withdrawals since the funds launched. Summary Bitcoin spot ETFs saw $558M in outflows, led by Fidelity’s FBTC and BlackRock’s IBIT. It was the second-largest single-day withdrawal since U.S. Bitcoin ETFs launched. Solana ETFs extended their inflow streak to nine days with $12.7M added on Nov 7. Fidelity’s FBTC led the outflow with $256.66 million in outflows, followed by ARKB at $144.24 million and BlackRock’s IBIT at $131.43 million. The…
Tag: ETFs
Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring
US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million. Solana ETFs, meanwhile, continued to show remarkable consistency, bringing in $29.22 million in daily inflows. That figure extended Solana’s winning streak to eight consecutive days of positive capital movement, even as other major digital-asset ETFs struggled…
Bitcoin ETFs Break 6-Day Slump With $240 Million Inflow
After nearly a week of redemptions, bitcoin and ether ETFs swung back into positive territory on Thursday, drawing $240 million and $13 million in inflows, respectively. Solana ETFs extended their green run with a solid $29 million boost. ETF Turnaround: Bitcoin and Ether Snap Outflow Streaks as Solana Maintains Inflows The streak finally snapped. After […] Source CryptoX Portal
Bitcoin ETFs exit outflow streak as BTC defends $100k
U.S. spot Bitcoin ETFs resumed inflows on Nov. 7 as institutional demand for the bellwether asset returned, after BTC bulls successfully defended the $100K support level. Summary U.S. Bitcoin ETFs switched back to inflows on Nov. 7 as institutional demand improved. Bitcoin bulls have defended the $100k psycologcial support level twice this week. Crypto markets experienced $586 million in liquidations. According to data from SoSoValue, the 12 spot Bitcoin exchange-traded funds recorded $240 million in net inflows on Thursday, marking an end to the prior six-day outflow streak that saw…
Bitcoin ETFs End Six-Day Outflow Streak With $240M Inflows
United States spot Bitcoin exchange-traded funds (ETFs) recorded a $239.9 million net inflow on Thursday, ending a six-day slump of outflows draining almost $1.4 billion from the market. According to data from Farside Investors, the reversal came after a turbulent week of profit-taking driven by macroeconomic uncertainty, which led to redemptions across the largest institutional Bitcoin (BTC) investment vehicles. The rebound was led by asset manager BlackRock, which added $112.4 million to its iShares Bitcoin Trust (IBIT), followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $61.6 million. The ARK…
Crypto ETFs ‘punching above weight’ as almost half of ETF investers plan buys
Bloomberg ETF analyst Eric Balchunas said it was “shocking” to see Schwab’s findings that crypto ETF investments could be on par with those in bond ETFs. Nearly half of exchange-traded fund (ETF) investors are planning to buy a crypto ETF, matching those who said they’d buy a bond ETF, according to a report from brokerage giant Schwab Asset Management. In its ETFs and Beyond report released on Thursday, Schwab found that 52% of respondents to its survey were planning to invest in US equities, while 45% said they were interested…
Bitcoin and Ether ETFs Stay Red Despite Inflows
Bitcoin and ether ETFs extended their outflow streaks, losing a combined $256 million, while solana ETFs continued to quietly attract investors, adding $10 million in fresh inflows. Solana Keeps Climbing as Bitcoin and Ether ETFs Log 6th Straight Day of Outflows It was another choppy day for crypto exchange-traded funds (ETFs), one that teased a […] Original
Bitcoin ETFs extend outflow streak to sixth day even as BTC reclaims $103k
Signs of cautious trading are emerging as the crypto market reacts to shifting flows among Bitcoin ETFs. Summary Bitcoin ETFs see sixth straight day of outflows, totaling more than $2.05 billion, with BlackRock’s IBIT leading the withdrawals. Bitcoin trades around $103,000, recovering from a dip below $99,000 but still facing weak demand and muted sentiment. Bitcoin price outlook remains cautious, with resistance at $106,000 likely to cap gains and the risk of another drop below $100,000 if buyers stay sidelined. Bitcoin ETFs have now reported net outflows for six consecutive…
US spot Bitcoin ETFs bleed over $2B in second-worst outflow streak ever
While Bitcoin and Ether ETFs saw continued outflows this week, Solana ETFs bucked the trend, extending their winning streak to seven days. US spot Bitcoin exchange-traded funds (ETFs) have recorded more than $2 billion in outflows over the past week, marking their second-worst withdrawal streak on record. On Wednesday, spot Bitcoin (BTC) ETFs posted another $137 million in outflows, marking the sixth consecutive day of redemptions, according to Farside data. The streak, which began on Oct. 29, has now erased more than $2.04 billion. The heaviest day came on Tuesday,…
HBAR, SOL ETFs Record Inflows, BTC, ETH ETFs Bleed
Key Notes Solana ETFs recorded $9.7 million in inflows, marking seven straight days of gains. Bloomberg’s Eric Balchunas called crypto ETFs the most fascinating development in modern finance. BTC and ETH ETFs continued to bleed, marking six straight days of outflows. US-based Solana spot ETFs recorded their seventh consecutive day of inflows on Nov. 5, indicating massive demand while Bitcoin BTC $103 079 24h volatility: 1.3% Market cap: $2.06 T Vol. 24h: $61.92 B and Ethereum ETH $3 378 24h volatility: 1.3% Market cap: $407.67 B Vol. 24h: $35.25 B…