🚨 JUST IN: Crypto AI Agent is here!!! Watch the video 🎥

EnglishDeutsch日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçe포트폴리오 추적기스왑암호화폐가격오픈 API통합뉴스획득블로그NFT위젯DeFi 포트폴리오 추적기크립토 게이밍24시간 보고서홍보 자료API 문서
CoinStats

Bitcoin and Ether ETFs Suffer $1.45 Billion Outflow This Week As Investors Flee

상승세:

0

하락세:

0

bitcoinethereum

This week, spot Bitcoin and Ether ETFs have had a rough trading experience, with seven consecutive days of fund withdrawals. The continuing net outflows suggest investor panic amid dramatic declines of most cryptocurrencies.

From Saturday, March 8 to Friday March 14, Bitcoin ETFs experienced a total net outflow of $1.33 billion, according to data reported by Lookonchain today. Meanwhile, Ether ETFs recorded a smaller outflow of $122.39 million over the period.

Bitcoin ETFs saw $1.33 billion outflows

Except for Grayscale’s BTC, all other 9 spot Bitcoin ETFs recorded a total outflow of $1.33 billion in the past seven days. Fidelity’s FBTC contributed the largest outflow of $479.79 million over the week. It was followed by ARK’s ARKB, which registered $230.25 million in outflow. Next is Blackrock’s IBIT, which saw $130.62 million pulled off from the fund.

Others including Grayscale’s GBTC, Invesco’s BTCO, Franklin’s EZBC, Bitwise’s BITB, Valkyrie’s BRRR, and Vaneck’s HODL recorded outflows of $142.58 million, $53.47 million, $48.76 million, $ 45.81 million, $ 41.09 million, and $7.74 million respectively. Grayscale’s BTC is the only Bitcoin ETF, which recorded an inflow of $5.47 million over the week.

Ether ETF outflows at $122.39 million

As per the data, the 9 Ethereum ETFs saw $122.39 million withdrawn from their funds over the last seven days. Leading this withdrawal was Fidelity’s FETH, which contributed a massive loss of $61.85 million over the week.

Blackrock’s ETHA came second, with $37.47 million pulled off from the fund. Grayscale’s ETH and Grayscale’s ETHE encountered reductions of $7.68 million and $6.15 million respectively. Lastly, 21Shares’ CETH, Bitwise’s ETHW, Franklin’s EZET, and Invesco’s QETH also faced decreases of $5.89 million, $1.67 million, $1.47 million, and $185,664 respectively.

The continuing outflows show that investors are skeptical about the crypto market’s short-term movements. The wider market meltdown and global economic turmoil have led to the ETF outflows, trigged by geopolitical conflicts, trade tensions, and negative market sentiment. While some market participants view these persistent outflows as an indicator of weakening demand, others consider them as a temporary market consolidation.

Many investors have opted to embrace a wait-and-see approach before splashing further funds into these investment vehicles. Historically, a period of price recovery and renewed investor sentiment comes after huge outflows. However, forthcoming macroeconomic shifts and regulatory updates will determine whether these funds can break to bullish trend and attract new inflows.

상승세:

0

하락세:

0

한 곳에서 모든 암호화폐, NFT 및 DeFi 를 관리하세요

시작하는 데 사용하는 포트폴리오를 안전하게 연결하세요.