Spot Bitcoin exchange-traded funds (ETFs) in the United States experienced net outflows on Tuesday, ending a seven-day stretch that saw over $2.67 billion in inflows.
Spot Bitcoin ETFs See Exits After Seven-Day Inflow Streak
According to SoSoValue data, 12 spot Bitcoin ETFs recorded a total net outflow of $79.09 million. The outflows were entirely from Ark and 21Shares’ ARKB, which generated $134.74 million in outflows. Fund Performance Breakdown
- BlackRock's IBIT, the largest spot Bitcoin ETF by net assets, saw $42.98 million in inflows.
- Fidelity's FBTC saw inflows of $8.85 million.
- VanEck's HODL reported net inflows of $3.82 million.
- Grayscale's GBTC and seven other funds reported zero flows for the day.
Tuesday’s net outflow of $79 million brought cumulative inflows across 12 Bitcoin ETFs down to $21.15 billion. Trading volume for those ETFs also fell, falling to $1.4 billion from $1.76 billion on Monday.
The latest series of inflows coincided with Bitcoin’s rally, which topped $69,400 on Monday. BlackRock’s IBIT alone pulled in $1.5 billion during the period, reflecting strong investor interest. Spot Ethereum ETFs Show Modest GainsMeanwhile, spot Ethereum ETFs in the U.S. saw net inflows of $11.94 million on Tuesday, all attributed to BlackRock’s ETHA. The other eight Ethereum funds reported no inflows on the day.
- Total trading volume for Ethereum ETFs fell to $118.4 million from $163.18 million on Monday.
- Since their launch, Ethereum ETFs have accumulated $488.85 million in net outflows.
*This is not investment advice.