$BTC Spot ETFs had recorded net outflows for six consecutive trading days as of November 12, Eastern Time. They saw an outflow of $284 million that day, followed by another $185 million on the 13th, with the amount narrowing.
BlackRock’s IBIT was the main source of outflows on both days, with $204 million and $144 million, respectively. Fidelity’s FBTC ranked second on the 13th, with an outflow of $41.9 million. According to SoSoValue, IBIT’s cumulative historical net inflows still total $64.336 billion. As of publication on the 13th, total net assets across all ETFs stood at $89.556 billion, or 6.23% of Bitcoin’s total market capitalization. Morgan Stanley’s MSBT saw net inflows of $3.275 million on the 12th—not enough to make much difference.
Outflows are slowing, but the direction hasn’t changed. The major issuers are seeing outflows while smaller products are seeing inflows, which looks more like holders reducing their positions than switching between products. Next, we’ll see whether daily outflows continue to narrow in the next batch of U.S. data.
#比特币ETF #资金流向 #BlackRock
BlackRock’s IBIT was the main source of outflows on both days, with $204 million and $144 million, respectively. Fidelity’s FBTC ranked second on the 13th, with an outflow of $41.9 million. According to SoSoValue, IBIT’s cumulative historical net inflows still total $64.336 billion. As of publication on the 13th, total net assets across all ETFs stood at $89.556 billion, or 6.23% of Bitcoin’s total market capitalization. Morgan Stanley’s MSBT saw net inflows of $3.275 million on the 12th—not enough to make much difference.
Outflows are slowing, but the direction hasn’t changed. The major issuers are seeing outflows while smaller products are seeing inflows, which looks more like holders reducing their positions than switching between products. Next, we’ll see whether daily outflows continue to narrow in the next batch of U.S. data.
#比特币ETF #资金流向 #BlackRock