Tag: ETFs

Strong inflows into ARK 21Shares, Fidelity Bitcoin ETFs end 8-day outflow streak

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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…

Bitcoin ETFs Extend Outflow Streak to 8 Days With Another $276 Million Withdrawn

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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

Bitcoin ETFs continue to face outflows as BTC dips below $80k

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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…

Bitcoin ETFs Mark Seven Day Outflow Streak With $755 Million in Outflows

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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

BlackRock’s IBIT faces record withdrawals as Bitcoin ETFs log seventh consecutive day of net outflows

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Spot Bitcoin ETFs in the United States recorded their seventh consecutive day of outflows on Feb. 26, with BlackRock’s IBIT seeing its highest single-day withdrawals since launch. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $754.53 million in net outflows on Wednesday, following the $1.14 billion net redemptions seen the previous day. BlackRock’s IBIT led the outflows, with $418.06 million exiting the fund, marking its highest net outflow day post-launch. Fidelity’s FBTC followed, with $145.69 million in outflows, extending its streak to seven consecutive days of redemptions.…

Bitcoin ETFs log highest net outflow day, totaling $937.78m as BTC drops below $90K

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Spot Bitcoin exchange-traded funds in the U.S. recorded their highest daily outflows yesterday as Bitcoin dropped below $90,000, triggering a risk-off sentiment among investors amid growing macroeconomic concerns. According to data from SoSoValue, the 12 spot Bitcoin (BTC) ETFs saw a total of $937.78 million in net outflows on Feb. 25—their highest single-day outflow since launch—significantly surpassing the previous record of $680 million in net outflows on Dec. 19, 2024. The majority of outflows came from Fidelity’s FBTC, which saw $344.65 million exit the fund, marking its highest daily outflow…

Institutional investors shift from Bitcoin to Ethereum ETFs, one altcoin gains serious buzz

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As institutions pivot to Ethereum ETFs, Lightchain AI creates a buzz with a $16.8m presale and real-world utility. As institutional investors adjust their portfolios, Bitcoin ETFs are becoming less appealing, while Ethereum ETFs are gaining significant traction. This shift signals a change in market sentiment, with Ethereum’s upgrades, scalability improvements, and real-world utility leading the charge.  However, there’s another altcoin gaining attention — Lightchain AI. With its presale raising…