Bitcoin ETFs experienced net outflows of $143 million, with major funds like Fidelity’s FBTC and Ark 21Shares’ ARKB leading the declines. In contrast, Ether ETFs ended an eight-day outflow streak, attracting $15 million in net inflows, primarily driven by Fidelity’s FETH. Bitcoin ETFs See Another Day of Withdrawals With Positive Rebound for Ether ETFs On […] Original
Spot Bitcoin exchange-traded funds in the United States saw their net outflows nearly double as market experts expressed concerns over U.S. President Donald Trump’s proposed crypto reserve plan. According to data from SoSoValue, the 12 Bitcoin ETFs recorded $143.43 million in net outflows on March 4—almost double the previous day’s net inflows of $74.19 million. Fidelity’s FBTC and ARK 21Shares’ ARKB saw outflows of $46.08 million and $43.92 million, respectively. Franklin Templeton’s EZBC followed with net redemptions of $35.71 million. Other BTC ETFs contributing to the negative momentum included Bitwise’s…
The week began with bitcoin ETFs experiencing a net outflow of $74 million, while ether ETFs marked their eighth consecutive day of withdrawals, totaling $12 million. Bitcoin and Ether ETFs Continue to See Capital Outflows The crypto exchange-traded funds (ETFs) market commenced the week with continued outflows, as bitcoin ETFs experienced net outflows totaling $74.19 […] Original
Spot Bitcoin ETFs in the U.S. shifted back to outflows on March 3 as Bitcoin retraced gains, driven by a risk-off sentiment stemming from trade tensions and skepticism over a U.S. crypto reserve fund. According to data from SoSoValue, the 12 spot Bitcoin ETFs resumed their outflow trend on Monday, with $74.19 million exiting the funds following a previous day of net inflows totaling $94.34 million. BlackRock’s IBIT led the outflows for the third consecutive day, with $77.97 million in net redemptions, while Grayscale’s GBTC continued its outflow trend with…
Spot Bitcoin exchange-traded funds in the United States recorded their highest monthly net outflows in February since their launch. According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced over $3.5 billion in net outflows during the month—the largest outflows ever recorded in a single month since their inception. This significant shift in investor sentiment came after these ETFs saw approximately $4.8 billion in inflows in January. Notably, Bitcoin ETFs started February on a positive note, with $203.54 million in net inflows during the first week, extending a five-week…
The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recovery toward $85,000. The ARK 21Shares Bitcoin ETF (ARKB) and Fidelity Wise Origin Bitcoin Fund (FBTC) led the way with $193.7 million and $176 million in net inflows respectively, Farside Investors data shows. ARKB and FBTC’s combined $369.7 million inflow more than covered the $244.6 million outflow from BlackRock’s iShares Bitcoin Trust ETF (IBIT), while the Bitwise Bitcoin ETF (BITB) and the Grayscale Bitcoin…
The week of Feb. 24 to 28 saw significant outflows from crypto ETFs, with bitcoin funds losing $2.61 billion and ether funds losing $335.35 million. A record single-day withdrawal of $1 billion from bitcoin ETFs on Feb. 26 underscored the prevailing bearish sentiment in the market. Crypto ETFs in Turmoil: Consecutive Weekly Outflows for Bitcoin […] Original
Bitcoin ETFs outflows extended to eight days with another outflow of $276 million, while ether ETFs saw $71 million in outflows. Sustained Withdrawals See More Losses for Bitcoin and Ether ETFs Crypto exchange-traded funds (ETFs) continue to face significant challenges as both bitcoin and ether ETFs experience persistent outflows. Bitcoin ETFs have now endured an […] Original
Spot Bitcoin exchange-traded funds in the United States continued their outflow streak on Feb. 27 as Bitcoin tumbled under $80k, driving a risk-off sentiment across the broader crypto market. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $275.83 million in net outflows on Tuesday, extending their negative flow streak to eight consecutive days, during which over $3.2 billion exited the funds. Within this period, BlackRock’s IBIT experienced its highest outflow day on Feb. 26, with $418.06 million in net redemptions. This came just a day after the…
The crypto market continues to face significant challenges with bitcoin ETFs experiencing a seventh consecutive day of outflows, totaling $755 million on Wednesday, Feb. 26. Ether ETFs also saw their fifth straight day of outflows, amounting to $94 million. Sustained Outflows As Bitcoin and Ether ETFs Face Continued Investor Pullback Investor sentiment remained bearish as […] Original