Bitcoin ETFs Records Largest Net Outflows in One Day Since Launch As $671,900,000 Yanked Out Amid BTC Plunge – The Daily Hodl
New data from the Cryptocurrency Insights platform reveals that the Bitcoin (BTC) exchange-traded fund (ETF) has recorded its largest single-day net outflow since its launch in January. Market intelligence firm Spot On Chain speaks out in a new thread on social media platform X say On December 19th, hundreds of millions of dollars worth of […]
US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets – Crypto Briefing
Important points US Bitcoin ETFs experienced historic outflows, with investors withdrawing $672 million in one day. Fidelity's Bitcoin fund led the outflow, followed by Grayscale ETF and ARK Invest ETF. Share this article The U.S. Spot Bitcoin ETF suffered its largest single-day outflow on record as the cryptocurrency market plummeted following the FOMC meeting. According […]
Grayscale Bitcoin Trust ETF outflows exceed $21B in under 12 months – Cointelegraph
More than $21 billion has been withdrawn from Grayscale Bitcoin Trust (GBTC) since its inception on January 11, making it the only spot Bitcoin exchange-traded fund in the U.S. with negative net investment flows. (ETF). As of December 16th, the total outflows from GBTC reached $21.045 billion, as GBTC continues to outflow investments worth millions […]
Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC – Cointelegraph
Bitcoin (BTC) price is currently showing a 3% decline after a strong weekly performance last week. In addition to this, Bitcoin's daily chart is hinting at a historical bearish pattern, raising concerns that this could test the $60,000 level again. Bitcoin forms a bearish engulfing candlestick every day Bitcoin’s 2.4% decline on October 21st formed […]
Bitcoin ETFs record combined $1.2B in outflows in 8 days – Cointelegraph
Eleven U.S.-based bitcoin exchange-traded funds (ETFs) saw a combined net outflow of $1.2 billion over an eight-day period. September 9, Bloomberg data Showed Investors withdrew roughly $1.2 billion from 11 listed physical Bitcoin (BTC) ETFs between Aug. 30 and Sept. 6, the longest streak of outflows since their inception on Jan. 10. The U.S.-based Bitcoin […]
Bitcoin Spot ETFs gain investor interest despite August outflows – Cointelegraph
Bitcoin exchange-traded funds (ETFs) continue to attract investor interest despite experiencing heavy weekly outflows in early August. Data from SoSoValue, August 16 Revealed The weekly net inflows into the Spot Bitcoin ETF reached $32.58 million, in stark contrast to the outflows from the previous week. On August 2, the Spot Bitcoin ETF saw a net […]
Ether ETFs Saw $340M of Negative Outflows in Their First Week – CoinDesk
Spot Ether (Ethereum) The exchange-traded fund saw negative net inflows in its first week as massive exodus from the incumbent Grayscale Ethereum Trust (ETHE) overwhelmed interest in competing products. Similar Bitcoin (Bitcoin) The fund, which debuted in January, saw net inflows of $1 billion in its first four days, but also saw heavy outflows from […]
Bitcoin exchange balances decline to five-year low, major outflows from Binance and Coinbase signal long-term holding strategies – CryptoSlate
On-Chain Highlights meaning: Exchange Balance The total amount of coins held in the exchange address. Bitcoin balances on exchanges continue to decline and have hit significant lows. The latest data shows that total balances on exchanges have fallen below 2.3 million BTC, the lowest since March 2018. The main driver of this change is a […]
Largest ETF Outflows in Over a Year a Warning For China's Stock Rally – Yahoo Finance
(Bloomberg) — Investors pulled money out of China exchange-traded funds in May for the first time in 15 months, raising questions about the strength of the recent stock market rebound. Most read articles on Bloomberg Shanghai and Shenzhen stock ETFs saw a combined $4.2 billion in outflows in the month through Monday, more than investors […]
GBTC outflows overpower spot bitcoin ETF inflows – The Block
Funding • April 9, 2024, 2:54 a.m. EDT issued 1 minute ago upon The US spot Bitcoin exchange-traded fund recorded net outflows yesterday after four consecutive days of inflows. The main reason was Grayscale’s GBTC Spot ETF, which had net outflows of more than $303 million in one day. All other Bitcoin ETFs recorded net […]