Tag: ETFs

U.S. Spot Bitcoin ETFs see net outflows for three days

boss

U.S. spot Bitcoin ETFs have experienced three consecutive days of net outflows, losing nearly $500 million over this period leading up to Feb. 20. The three day outflows started with $61.4 million on Feb. 18, followed by $71.07 million on Feb. 19. However, on Feb. 20, net outflows surged to $364.93 million, according to data from SoSoValue. This marks the most significant single-day decline in the three days. BlackRock’s IBIT experienced the largest single-day withdrawal, losing $112.05 million. The next biggest outflows were $98.3 million from ARK Invest’s ARKB and…

Ether ETFs Lead With $19.02 Million Inflow as Bitcoin ETFs Outflows Continue

boss

On Wednesday, Feb. 18, ether ETFs experienced a net inflow of $19.02 million, primarily driven by Fidelity’s FETH, while bitcoin ETFs faced a net outflow of $71.07 million with significant withdrawals from Fidelity’s FBTC and Valkyrie’s BRRR. Ether ETFs Secured $19.02 Million Inflows While Bitcoin ETFs Saw $71.07 Million Exit The contrasting fortunes for crypto […] Original

Bitcoin ETFs continue outflow streak as BTC reels from geopolitical tensions

boss

Spot Bitcoin ETFs in the U.S. saw more net outflows on Feb. 19 as Bitcoin struggled amid delays in crypto regulations and ongoing geopolitical tensions, like the U.S.-China tariff disputes, keeping the market in a consolidation phase. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $71.07 million in outflows on Wednesday, extending their outflow streak to two consecutive days with $60.63 million exiting the funds the previous day. The majority of outflows came from Fidelity’s FBTC which saw $48.39 million withdrawn by investors followed by Valkyrie’s BRRR,…

Bitcoin ETFs Steal Gold’s Shine

boss

The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X. Indeed, gold ETFs have virtually stalled within that same timeframe, while spot bitcoin ETFs have amassed more than $40 […] Original

Bitcoin ETFs switch to outflows as BTC falls under $95k

boss

Spot Bitcoin exchange-traded funds in the U.S. shifted to net outflows on Feb. 18 as Bitcoin briefly dipped under $95,000, driven by declining odds of Trump approving a Strategic Bitcoin Reserve in the U.S. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded a net outflow of $60.63 million on Friday, a reversal from the $66.19 million in net inflows recorded the previous trading day. The majority of outflows came from Bitwise’s BITB, which saw $112.65 million exit the fund, followed by Fidelity’s FBTC, which logged $16.42 million…

Bitcoin ETFs Rebound With $66.19 Million Inflow, Ether ETFs Attract $11.65 Million

boss

Both bitcoin and ether ETFs started the week positively, with net inflows of $66.19 million and $11.65 million, respectively. Fidelity’s FBTC led bitcoin ETF inflows, while Fidelity’s FETH was the primary contributor to ether ETF inflows. Bitcoin and Ether ETFs Kick Off Week With Positive Inflows After a challenging period of outflows, crypto exchange-traded funds […] Original

Bitcoin ETFs bleed out $585m in weekly exodus, ending 6-week inflow streak

boss

Spot Bitcoin exchange-traded funds in the United States flipped to net weekly outflows over the past week, ending their six-week inflow streak that brought in over $5 billion. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $585.65 million in net weekly outflows for the week ending Feb. 14, breaking a six-week inflow streak that brought in over $5 billion. Notably, the week began with $186.28 million in outflows on Feb. 10, which continued with $56.76 million, $251.03 million, and $157.78 million over the next three trading days.…

ETF Weekly Recap: Red Week for Bitcoin and Ether ETFs With Net Outflows of $581.23 Million and $26.3 Million

boss

Between Feb. 10 and 14, bitcoin ETFs experienced a net outflow of $581.23 million, while ether ETFs saw a net outflow of $26.3 million. This trend reflects cautious investor sentiment amid market volatility. Market Volatility Sparks Significant Outflows From Bitcoin and Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) had a negative trading week between […] Original

PlanB transfers Bitcoin to ETFs, prefers ‘peace of mind’

boss

Prominent Bitcoin analyst PlanB confirmed a transfer of BTC holdings to ETFs. The move has triggered discussions about self-custody within the cryptocurrency community. The analyst, known for his stock-to-flow Bitcoin (BTC) price model, cited ease of management and peace of mind as key factors in his decision. In a post to his 2 million X followers, PlanB explained that managing Bitcoin alongside traditional investments like equities and bonds through ETFs better suits his needs. “Not having to hassle with keys gives me peace of mind,” he stated, acknowledging the departure…