### Large Outflows from US Spot BTC ETFs#
Hot Topic Overview
Overview
Recently, the US spot BTC ETF market has seen significant outflows, with a single-day net outflow of $149 million. Among them, IBIT saw the largest outflow at $184 million, while BITB saw an outflow of $1.6 million. Despite this, Fidelity's ETF FBTC bucked the trend, with a single-day net inflow of $16.57 million, bringing its total net inflow to $12.16 billion. It is worth noting that spot BTC ETF fund flows have a significant positive correlation with BTC prices, making changes in fund flows worth watching.
Ace Hot Topic Analysis
Analysis
Recently, the US spot BTC ETF market has seen significant outflows, with a net outflow of $149 million. Among them, IBIT saw a net outflow of $184 million on a single day, while BITB saw a net outflow of $1.6 million. Despite this, Fidelity's ETF FBTC bucked the trend, with a net inflow of $16.57 million on a single day, bringing its total net inflow to $12.16 billion. Notably, spot ETH ETFs also saw outflows, with a total net outflow of $68.48 million. Among them, Fidelity's ETF FETH saw a net outflow of $65.43 million on a single day, but its total net inflow still reached $1.29 billion. Overall, spot BTC ETF inflows have a significant positive correlation with BTC prices, but recent outflows may be related to market sentiment fluctuations. Investors need to carefully observe market changes.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US spot BTC ETF market saw significant outflows, with net outflows reaching $149 million.
IBIT was the biggest outflow, with a net outflow of $184 million on a single day.
ETF fund flows have a significant positive correlation with BTC prices.
Fidelity ETF FBTC saw a net inflow of $16.56 million on a single day, and its total net inflow to date has reached $12.157 billion.