Volatility continues in the U.S.-traded spot Bitcoin and Ethereum ETF market. Here are the details.
U.S. spot Bitcoin ETFs recorded a net outflow of $104.99 million, marking a return to outflows after just one trading day of net inflows.
The largest daily outflow came from BlackRock’s IBIT, which saw $119.8 million exit the fund. Bitwise’s BITB recorded outflows of $10.29 million, while Ark Invest’s ARKB lost $8.31 million. Grayscale’s GBTC also posted net outflows of $8.45 million.
On the other hand, some funds showed limited but positive divergence. Fidelity’s FBTC recorded net inflows of $5.89 million, and Grayscale’s Mini BTC fund attracted $35.97 million. However, these inflows were not enough to offset the broader outflows.
Ethereum ETFs Maintain Positive Momentum
While Bitcoin ETFs experienced outflows, spot Ethereum ETFs maintained their positive trend. U.S. spot Ethereum ETFs recorded net inflows of $48.61 million, marking the second consecutive day of positive flows.
Specifically, BlackRock’s ETHA received $22.88 million, Fidelity’s FETH attracted $14.41 million, and Grayscale’s Mini ETH fund saw inflows of $11.32 million.
Analysts note that volatility in Bitcoin ETF flows reflects ongoing market uncertainty, whereas steady inflows into Ethereum ETFs may indicate that investors are gradually rotating into alternative crypto assets.
See also: "Bitcoin Price Today: Falls Below $68K as Altcoins Lag"
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