Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge

Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge
фото показано с : cryptoslate.com

2024-12-25 19:04

US spot Bitcoin and Ethereum ETFs are seeing varied market performance, signaling divergent investors’ interest in the top digital assets.

On Dec. 23, Bitcoin ETFs recorded their third straight day of outflows, totaling $226.5 million as investors adjusted their portfolios ahead of the festive period. The BTC ETFs have seen net outflows of more than $1 billion during this period.

Fidelity’s FBTC led the declines, losing $146 million. Grayscale’s Bitcoin Trust followed with $38.4 million in outflows, while Invesco’s BTCO saw $25.7 million in withdrawals. Bitwise’s BITB and ARK Invest & 21Shares’ ARKB reported combined outflows of $39.6 million.

Bitcoin ETF Flows (Source: Farside Investors)

However, BlackRock’s IBIT ETF stood out against the downward trend, attracting $31.6 million in inflows.

Despite the recent sell-offs, Bitcoin ETFs have netted $35.83 billion in inflows since their launch. The funds now hold 5.7% of Bitcoin’s total supply, valued at $105.08 billion, according to SoSoValue data.

Ethereum ETFs surge

Ethereum ETFs painted a more optimistic picture, securing $130.8 million in inflows.

BlackRock’s ETHA led the way, with inflows reaching $89.5 million. It was followed by Fidelity’s FETH fund, which added $46.4 million in inflows, while Bitwise’s ETHW recorded modest gains of approximately $1 million.

Ethereum ETF Flows (Source: Farside Investors)

However, other Ethereum ETFs saw minimal movement, except for Grayscale’s Ethereum Mini Trust, which experienced a $6.1 million outflow.

Despite this, Ethereum ETFs have collectively amassed over $2.46 billion in inflows since launch.

The post Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge appeared first on CryptoSlate.

origin »

Bitcoin (BTC) на Currencies.ru

$ 94993.59 (-0.11%)
Объем 24H $23.942b
Изменеия 24h: 0.68 %, 7d: -2.20 %
Cегодня L: $94833.55 - H: $95213.51
Капитализация $1881.113b Rank 1
Цена в час новости $ 97971.32 (-3.04%)

bitcoin etfs ethereum outflows digital assets interest

bitcoin etfs → Результатов: 126


Фото:

Retail investors dominate demand for spot Bitcoin ETFs – Binance Research

Retail investors are leading the charge in the adoption of spot Bitcoin exchange-traded funds (ETFs), accounting for 80% of the total demand, according to a Binance Research report. According to the report, Bitcoin ETFs have seen accelerated adoption since their debut, with cumulative holdings now reaching over 938,700 BTC — approximately $63.

2024-10-25 19:52