### Large Outflows from US Spot BTC ETFs#
Hot Topic Overview
Overview
Recently, the US spot BTC ETF market has seen a large-scale outflow of funds. According to AICoin monitoring, yesterday's net outflow reached $149 million, with IBIT seeing a single-day net outflow of $184 million and BITB seeing a net outflow of $1.6 million. Meanwhile, SoSoValue data shows that yesterday's total net outflow for Bitcoin spot ETFs was $149 million, while the total net outflow for Ethereum spot ETFs was $68.4788 million. It is worth noting that Fidelity ETF FBTC saw a single-day net inflow of $16.5656 million yesterday, with a current total net inflow of $12.157 billion. Fidelity ETF FETH, on the other hand, saw a single-day net outflow of $65.43 million yesterday, with a current total net inflow of $1.29 billion.
Ace Hot Topic Analysis
Analysis
Recently, there has been a significant outflow of funds from the US spot BTC ETF market. According to AICoin, yesterday's net outflow reached $149 million, with IBIT seeing a net outflow of $184 million and BITB seeing a net outflow of $1.6 million. Meanwhile, SoSoValue data shows that the total net outflow of Bitcoin spot ETFs yesterday was $149 million, with Fidelity ETF FBTC seeing a net inflow of $16.56 million, bringing its total net inflow to $12.157 billion. It is worth noting that ETF fund inflows have a significant positive correlation with BTC prices, so the outflow of funds may indicate a short-term bearish sentiment towards BTC prices.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US spot BTC ETF market saw massive 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, with a total net inflow of $12.157 billion.