### Large Outflows from US Spot BTC ETFs#

172
4
Posts
Hot Topic Details

Hot Topic Overview

Overview

Recently, the US spot BTC ETF market has seen a significant outflow of funds, with a net outflow of $149 million in a single day. Among them, IBIT saw the largest outflow, reaching $184 million, while BITB saw an outflow of $1.6 million. Although Fidelity's ETF FBTC saw a net inflow of $16.56 million in a single day, overall, outflows still dominate. It is worth noting that spot BTC ETF fund inflows have a significant positive correlation with BTC prices, so the phenomenon of fund outflows may indicate that BTC prices will fluctuate in the future.

Ace Hot Topic Analysis

小 A

Analysis

Recently, there has been a significant outflow of funds from the US spot BTC ETF market. According to AICoin monitoring, yesterday's net outflow reached $149 million, with IBIT seeing a net outflow of $184 million on the day and BITB seeing a net outflow of $1.6 million. SoSoValue data shows that yesterday's total net outflow of spot Bitcoin ETFs was $149 million, while Fidelity ETF FBTC saw a net inflow of $16.57 million on the day, bringing its total historical net inflow to $12.16 billion. It is worth noting that the 【Spot BTC ETF Tracking】real-time strategy developed by AICoin shows that ETF fund inflows have a significant positive correlation with BTC prices, meaning that fund outflows may signal a potential downward trend in BTC prices in the future.

Related Currencies

Public Sentiment

0%
100%

Discussion Word Cloud

Classic Views

US spot BTC ETF market saw significant outflows, with net outflows reaching $149 million.

1

IBIT was the biggest outflow, with a net outflow of $184 million on a single day.

2

ETF fund flows have a significant positive correlation with BTC prices.

3

Fidelity ETF FBTC saw a net inflow of $16.56 million on a single day, and the total net inflow of FBTC has reached $12.157 billion.

4