From November 2 to 6, Eastern Time, U.S. $BTC spot ETFs saw a net outflow of $1.282 billion for the week, with BlackRock's IBIT alone accounting for $1.209 billion, about 94%. $ETH spot ETFs recorded a net outflow of $365 million over the same period, the sixth consecutive week.
The money on both sides is moving in the same direction, but the structure is different. On the BTC side, almost all of it is concentrated in one product, more like a large account rebalancing; ETH has been bleeding for six straight weeks, more like a sustained withdrawal.
What to watch this week is not the total, but whether IBIT has stopped. If it keeps seeing one-sided outflows, that means redemptions are not over yet; if other issuers also turn negative, then the nature of it is different.
#比特币ETF #以太坊ETF #fund flow
The money on both sides is moving in the same direction, but the structure is different. On the BTC side, almost all of it is concentrated in one product, more like a large account rebalancing; ETH has been bleeding for six straight weeks, more like a sustained withdrawal.
What to watch this week is not the total, but whether IBIT has stopped. If it keeps seeing one-sided outflows, that means redemptions are not over yet; if other issuers also turn negative, then the nature of it is different.
#比特币ETF #以太坊ETF #fund flow