With net outflows of $228.4 million, Bitcoin ETF flows were a little chilly this week.
According to data from Farside Investors, U.S. spot Bitcoin ETFs saw combined net outflows of $228.4 million this week. IBIT had the largest outflows, at $165.4 million, followed by FBTC at $60.2 million, BTC at $7.6 million, and BTCO at $4.1 million.
On the other hand, MSBT saw net inflows of $6.7 million, while BITB saw net inflows of $2.2 million. Even among ETFs, investors’ choices weren’t uniform.
Two takeaways: First, outflows from IBIT alone accounted for the bulk of this week’s total, with the largest product facing more pressure. Second, MSBT and BITB saw net inflows against the trend, suggesting that not all products were driven by the same sentiment.
Are you more focused on a potential turning point in IBIT’s outflows, or on the countertrend inflows into MSBT and BITB?
Image 1: Bitcoin ETFs see $228.4 million in net outflows this week, with IBIT recording the largest outflows · Partial screenshot of source page
Image source: https://www.theblockbeats.info/flash/372405
According to data from Farside Investors, U.S. spot Bitcoin ETFs saw combined net outflows of $228.4 million this week. IBIT had the largest outflows, at $165.4 million, followed by FBTC at $60.2 million, BTC at $7.6 million, and BTCO at $4.1 million.
On the other hand, MSBT saw net inflows of $6.7 million, while BITB saw net inflows of $2.2 million. Even among ETFs, investors’ choices weren’t uniform.
Two takeaways: First, outflows from IBIT alone accounted for the bulk of this week’s total, with the largest product facing more pressure. Second, MSBT and BITB saw net inflows against the trend, suggesting that not all products were driven by the same sentiment.
Are you more focused on a potential turning point in IBIT’s outflows, or on the countertrend inflows into MSBT and BITB?
Image 1: Bitcoin ETFs see $228.4 million in net outflows this week, with IBIT recording the largest outflows · Partial screenshot of source page
Image source: https://www.theblockbeats.info/flash/372405