Key points:
On Tuesday, spot bitcoin ETFs saw $242.53 million in outflows, marking the biggest since Sept 3, making it the eighth consecutive day of positive flows. Fidelity’s FBTC led the outflows with $144.67 million followed by Ark and 21Shares’ ARKB with $84.35 million in outflows.
BlackRock’s IBIT was the only bitcoin spot ETF to see inflows, which came in at $40.84 million. Total trading volume across such products rose to $2.53 billion from $1.37 billion in the prior session, according to SoSoValue data.
Read more: Spot Bitcoin ETFs Log $61.3M Inflows, Extending 8-Day Streak
U.S.-listed ether spot ETFs continued to see outflows, which amounted to $48.52 million on Tuesday. Grayscale’s Ethereum Trust had the most outflows, at $26.64 million, followed by Fidelity’s FETH at $24.97 million, the largest on record.
Only VanEck’s ETHV and 21Shares’ CETH reported inflows. Ether fell 5.89% during the day.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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