U.S. Virtual Asset Spot ETFs Recorded Total Net Outflow of 273.9 Billion Won Yesterday

Bitcoin ETF and Ethereum ETF Saw Simultaneous Outflows of 263.1 Billion Won and 10.6 Billion Won, Reflecting Weakened Investor Sentiment

It was reported that a total of $180.78 million (273.9 billion KRW) was net outflowed from the U.S. spot virtual asset ETF market yesterday.

According to TraderT monitoring, there was a net outflow of $173.76 million (263.1 billion KRW) from Bitcoin ETFs and $7.02 million (10.6 billion KRW) from Ethereum ETFs on the 1st. The simultaneous outflow of Bitcoin and Ethereum ETFs indicates a contraction in investor sentiment toward the virtual asset market.

Bitcoin ETF, BlackRock IBIT, Led 131.1 Billion Won Outflow

In the U.S. spot Bitcoin ETF market, a total of $173.76 million (263.1 billion KRW) was net outflowed yesterday.

BlackRock IBIT led the overall trend by recording the largest outflow of $86.56 million (131.1 billion KRW), while Fidelity FBTC recorded a net outflow of $78.64 million (119.1 billion KRW). Bitwise BITB and Grayscale GBTC recorded net outflows of $5.55 million (8.4 billion KRW) and $13.26 million (20.1 billion KRW), respectively.

On the other hand, Grayscale BTC Mini recorded a net inflow of $10.25 million (15.5 billion KRW). Ark Invest ARKB, Invesco BTCO, Franklin EZBC, Valkyrie BRRR, VanEck HODL, and WisdomTree BTCW had no inflows or outflows yesterday.

Ethereum ETF, BlackRock ETHA: 48.7 billion KRW Outflow... Inflows Only into Selected Products

In the U.S. spot Ethereum ETF market, a total of $7.02 million (10.6 billion KRW) was net outflowed yesterday.

BlackRock ETHA recorded the largest outflow of $32.15 million (48.7 billion KRW), while Fidelity FETH recorded a net outflow of $11.73 million (17.8 billion KRW).

On the other hand, inflows were observed in some products. Grayscale ETHE recorded a net inflow of $17.42 million (KRW 26.4 billion), and Grayscale ETH Mini recorded a net inflow of $6.49 million (KRW 9.8 billion). BlackRock's staking product ETHB recorded a net inflow of $5.48 million (KRW 8.3 billion), Bitwise ETHW recorded $4.28 million (KRW 6.5 billion), and 21Shares TETH recorded a net inflow of $3.2 million (KRW 4.8 billion).

Invesco QETH, Franklin EZET, and VanEck ETHV had no inflows or outflows yesterday.

Choi Joohoon joohoon@blockstreet.co.kr