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    Home ยป Bitcoin Spot ETFs Record $210 Million Outflow as Ethereum ETFs See Modest Inflows
    Bitcoin

    Bitcoin Spot ETFs Record $210 Million Outflow as Ethereum ETFs See Modest Inflows

    Andrei IonescuBy Andrei IonescuWednesday, 15 January 2025, 11:30No Comments1 Min Read

    Bitcoin spot exchange-traded funds (ETFs) experienced a total net outflow of $210 million, reflecting continued market volatility.

    Major Bitcoin ETFs, including GBTC, FBTC, and ARKB, saw significant outflows of $89.01 million, $113.6 million, and $92.36 million, respectively. The total net asset value (NAV) of Bitcoin spot ETFs now stands at $108.981 billion, underscoring the impact of these withdrawals.

    In contrast, Ethereum spot ETFs recorded a slight net inflow of $1.1527 million on the same day. The total NAV of Ethereum spot ETFs has reached $11.398 billion, with a historical cumulative net inflow of $2.414 billion, reflecting steady investor interest in Ethereum-based funds.

    The contrasting trends highlight divergent investor sentiment between Bitcoin and Ethereum ETFs as the digital asset market continues to navigate a challenging regulatory and economic landscape.

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    READ  Bitcoin Breaks Record Breaking $80,000 Amid Rumors of Secret Nation-State Adoption and US Strategic Reserve Plans.
    Andrei Ionescu

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