#US spot BTC ETF saw a net outflow of $149 million.#
Hot Topic Overview
Overview
Recently, the US spot BTC ETF market has experienced significant fund outflows, with a net outflow of $149 million. Among them, IBIT saw a net outflow of $184 million, while BITB saw a net outflow of $1.6 million. In contrast, Fidelity ETF FBTC saw a net inflow of $16.56 million, bringing its total net inflow to $12.157 billion. According to AICoin's real-time strategy "Spot BTC ETF Tracking," ETF fund inflows have a significant positive correlation with BTC price.
Ace Hot Topic Analysis
Analysis
Recently, the US spot BTC ETF market has seen significant outflows, totaling a net outflow of $149 million. Among them, IBIT recorded a net outflow of $184 million in a single day, while BITB saw a net outflow of $1.6 million. Notably, Fidelity ETF FBTC defied the trend with a net inflow of $16.56 million on the day, bringing its total historical net inflow to $12.157 billion. While spot BTC ETF inflows have a strong positive correlation with BTC prices, this large-scale outflow has drawn market attention and may be related to the recent weakness in the overall cryptocurrency market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
U.S. spot BTC ETF market saw significant outflows, with a net outflow of $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's ETF FBTC saw a net inflow of $16.57 million on a single day, and FBTC's total net inflow to date has reached $12.16 billion.