US Virtual Asset Spot ETFs See Total Net Outflow of 48.1 Billion Won Yesterday

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It was recorded that a total of $23.21 million (48.1 billion KRW) was net outflow from the U.S. spot virtual asset ETF market yesterday.

According to TraderT monitoring, on the 8th, Bitcoin ETFs saw a net outflow of $91.38 million (136.6 billion KRW), while Ethereum ETFs saw a net inflow of $68.17 million (101.9 billion KRW), showing contrasting fund flows.

Bitcoin ETF, BlackRock IBIT, Largest Outflow of 348.3 Billion Won


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)
On the 8th, a total of $91.38 million (136.6 billion KRW) was net outflowed from the U.S. spot Bitcoin ETF market.

BlackRock IBIT led the total outflow, recording the largest outflow of $232.92 million (348.2516 billion KRW).

On the other hand, Ark Invest ARKB recorded a net inflow of $63.14 million (94.3943 billion KRW), Fidelity FBTC $59.37 million (88.75815 billion KRW), Bitwise BITB $14.12 million (21.1116 billion KRW), and Morgan Stanley MSBT $4.91 million (7.34045 billion KRW).

Invesco BTCO, Franklin EZBC, Valkyrie BRRR, VanEck HODL, WisdomTree BTCW, Grayscale GBTC, and Grayscale BTC Mini had no inflows or outflows on the 8th.

Ethereum ETF, BlackRock ETHB Sees Record Inflow of 40.3 Billion Won


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)
On the 8th, a total of $68.17 million (101.9 billion KRW) was net inflow into the U.S. spot Ethereum ETF market.

BlackRock's staking product ETHB led the total inflow, recording the largest inflow of $26.96 million (40.3 billion KRW).

Fidelity FETH recorded a net inflow of $28.57 million (42.7 billion KRW), Grayscale ETH Mini $8 million (11.96 billion KRW), BlackRock ETHA $3.56 million (5.3 billion KRW), Bitwise ETHW $3.02 million (4.5 billion KRW), 21Shares TETH $1.26 million (1.9 billion KRW), and Invesco QETH $500,000 (747.5 million KRW), respectively.

On the other hand, VanEck ETHV recorded a net outflow of $3.7 million (5.5315 billion KRW).

Franklin EZET and Grayscale ETHE had no inflows or outflows on the 8th.

Choi Joo-hoon joohoon@blockstreet.co.kr

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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.
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