#Spot BTC ETF Outflows#
Hot Topic Overview
Overview
There has been a significant outflow of funds from the US spot BTC ETF market recently, with a net outflow of $149 million on a single day. IBIT saw the largest outflow, reaching $184 million. While Fidelity ETF FBTC saw a net inflow of $16.56 million on a single day, overall, institutional investors have shown a cautious attitude towards BTC and ETH ETFs. This could be due to macroeconomic factors or recent profit-taking after the rebound.
Ace Hot Topic Analysis
Analysis
Recently, there has been a significant outflow of funds from the US spot Bitcoin ETF market, with net outflows reaching $149 million in a single day. Among them, IBIT saw a net outflow of $184 million on a single day, while BITB saw a net outflow of $1.6 million. Although Fidelity's ETF FBTC saw a net inflow of $16.565 million on a single day, overall, institutional investors have shown a cautious attitude towards spot Bitcoin ETFs. At the same time, spot Ethereum ETFs also saw outflows, with a net outflow of $68.4788 million in a single day, including a net outflow of $65.43 million for Fidelity's ETF FETH on a single day. This may be related to macroeconomic factors or profit-taking after recent rallies, with institutional investors choosing to take a wait-and-see approach and investing cautiously.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Spot BTC ETF outflows may indicate institutional caution, potentially due to macroeconomic factors or profit-taking following recent rallies.
Spot BTC ETF inflows have a significant positive correlation with BTC price.
Fidelity ETF FBTC has a total historical net inflow of $121.57 billion.
Fidelity ETF FETH has a total historical net inflow of $12.9 billion.