US Virtual Asset Spot ETFs See Total Net Outflow of 1 Billion Won Yesterday

This article is machine translated
Show original

Bitcoin ETFs turn to net inflows led by Fidelity, while Ethereum ETFs continue net outflows due to outflows from BlackRock.

US Bitcoin Spot ETF Inflow/Outflow Graph <br />Source : Trader T (X : @thepfund)
US Bitcoin Spot ETF Fund Inflow/Outflow Graph
Source: Trader T (X: @thepfund)
It was recorded that a total of $670,000 (1.02 billion KRW) was net outflow from the U.S. spot virtual asset ETF market yesterday.

According to TraderT monitoring, on the 25th, there was a net inflow of $7.77 million (11.62 billion KRW) into Bitcoin ETFs, while there was a net outflow of $8.44 million (12.62 billion KRW) into Ethereum ETFs. Although the overall net outflow remained small due to the diverging trends of Bitcoin and Ethereum ETFs, it indicated that investor sentiment across the virtual asset market continues to be dampened.

Bitcoin ETF Fidelity FBTC Leads 124.6 Billion Won Inflow


In the U.S. spot Bitcoin ETF market, a total of $7.77 million (11.62 billion KRW) was net inflow on the previous day.

Fidelity's FBTC led the overall flow with the largest inflow of $83.34 million (KRW 124.6433 billion), followed by BlackRock's IBIT with a net outflow of $70.75 million (KRW 105.8137 billion). Ark Invest's ARKB recorded a net outflow of $4.82 million (KRW 7.20879 billion).

Bitwise BITB, Invesco BTCO, Franklin EZBC, Valkyrie BRRR, VanEck HODL, WisdomTree BTCW, Grayscale GBTC, and Grayscale BTC Mini had no inflows or outflows yesterday.

Ethereum ETFs and BlackRock ETHA Lead 49.8 Billion Won Outflow… Only ETHB Inflows into Staking Products


US Ethereum Spot ETF Fund Inflow/Outflow Graph <br />Source : Trader T (X : @thepfund)
US Ethereum Spot ETF Fund Inflow/Outflow Graph
Source: Trader T (X: @thepfund)

In the U.S. spot Ethereum ETF market, a total of $8.44 million (12.62286 billion KRW) was net outflowed yesterday.

BlackRock's ETHA recorded the largest outflow of $33.35 million (49.87826 billion KRW), while Fidelity's FETH partially recovered the outflow with a net inflow of $23.8 million (35.59528 billion KRW).

On the other hand, BlackRock's staking product ETHB was the only one to show a positive trend, recording a net inflow of $1.11 million (1.66 billion KRW). Invesco QETH, Franklin EZET, and VanEck ETHV saw no inflows or outflows yesterday.

Choi Joo-hoon joohoon@blockstreet.co.kr

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
52
Add to Favorites
12
Comments