📰 On October 12, Bitcoin spot ETFs saw total net outflows of $65.401 million. The number itself isn’t hard to understand; what stands out is that all of the net outflows came from BlackRock’s IBIT, while the other Bitcoin spot ETFs combined showed no change in their total.
🔥 Honestly, seeing IBIT lead the single-day outflows can be a little alarming at first. But this is just one day’s data and can’t be taken as evidence of a long-term reversal in investor sentiment.
💡 Over a longer period, IBIT’s cumulative net inflows still stand at $65.668 billion, while cumulative net inflows for Bitcoin spot ETFs overall total $57.041 billion. Viewed together, single-day outflows and cumulative inflows are signals measured over two different timeframes.
👀 At the time of reporting, total net assets in spot ETFs stood at $106.058 billion, with a net asset ratio of 6.35%. The point worth discussing isn’t to call one day of outflows a trend, but whether the subsequent fund flows will continue in the same direction.
🤔 Do you think this single-day outflow from IBIT is just a short-term fluctuation, or will it continue to show up in the fund flow data going forward?
#比特币ETF #IBIT #比特币 #CryptoMarket
🔥 Honestly, seeing IBIT lead the single-day outflows can be a little alarming at first. But this is just one day’s data and can’t be taken as evidence of a long-term reversal in investor sentiment.
💡 Over a longer period, IBIT’s cumulative net inflows still stand at $65.668 billion, while cumulative net inflows for Bitcoin spot ETFs overall total $57.041 billion. Viewed together, single-day outflows and cumulative inflows are signals measured over two different timeframes.
👀 At the time of reporting, total net assets in spot ETFs stood at $106.058 billion, with a net asset ratio of 6.35%. The point worth discussing isn’t to call one day of outflows a trend, but whether the subsequent fund flows will continue in the same direction.
🤔 Do you think this single-day outflow from IBIT is just a short-term fluctuation, or will it continue to show up in the fund flow data going forward?
#比特币ETF #IBIT #比特币 #CryptoMarket