#etf
🔴 Institutional investors hit the brakes: ETFs dip into the red
On September 30, spot $BTC and $ETH ETFs recorded significant net capital outflows following a streak of positive days.
📉 #bitcoin ETFs:
Net Flow: -$148.7M
Main driver: Large-scale outflows from Fidelity (FBTC) — -$125.6M. BlackRock (IBIT) also saw a slight decline (-$9.5M).
Total AUM: $110.97B
📉 #Ethereum ETFs:
Net Flow: -$59.6M
Main driver: The bulk of position unwinding occurred in Fidelity (FETH) (-$26.6M) and Grayscale (ETHE) (-$7.5M).
Total AUM: $14.65B
⚠️ What does this mean?
Inflows of new capital for the day stood at $0.00 for both assets. The market is showing signs of localized profit-taking and caution among major players at month-end. We are monitoring price reactions at local support levels.
🔴 Institutional investors hit the brakes: ETFs dip into the red
On September 30, spot $BTC and $ETH ETFs recorded significant net capital outflows following a streak of positive days.
📉 #bitcoin ETFs:
Net Flow: -$148.7M
Main driver: Large-scale outflows from Fidelity (FBTC) — -$125.6M. BlackRock (IBIT) also saw a slight decline (-$9.5M).
Total AUM: $110.97B
📉 #Ethereum ETFs:
Net Flow: -$59.6M
Main driver: The bulk of position unwinding occurred in Fidelity (FETH) (-$26.6M) and Grayscale (ETHE) (-$7.5M).
Total AUM: $14.65B
⚠️ What does this mean?
Inflows of new capital for the day stood at $0.00 for both assets. The market is showing signs of localized profit-taking and caution among major players at month-end. We are monitoring price reactions at local support levels.
