Ashii

01/23 12:42

U.S. spot Bitcoin and Ethereum exchange-traded fun

#Check In Weekly, Win Prizes Weekly — Join the Fun! #Predict BTC's Price & Win 450M $HTX for 30 Days #CHECK: Token of Checkmate & Anichess U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) saw a sharp outflow on January 21, as Bitcoin ETFs recorded an outflow of around $709 million and about $287 million outflows in Ether funds, marking one of the largest single-day redemptions. When combined, it nears $1 billion, the highest outflows ever since January started. While BlackRock’s iShares Bitcoin Trust (IBIT) posted the highest outflows, around $357 million, followed by Fidelity Wise Origin Bitcoin Fund(FBTC) with $288 million, thirdly ARK 21Shares Bitcoin ETF(ARKB) with $29.83 million outflows, alongside three other funds show outflows. While VanEck Bitcoin ETF(HODL) alone saw positive flows of $6.35 million. With that, the cumulative total net inflow stands at $56.63 billion. In Ethereum, iShares Ethereum Trust(ETHA) saw massive outflows of around $250 million, followed by Fidelity Ethereum Fund(FETH) with $30.89 million, alongside two other funds that also posted outflows. While Grayscale Ethereum Mini Trust(ETH) posted positive flows of around $10.1 million. Then, the cumulative total net inflow stands at $12.68 billion. When analyzing the weekly flows of U.S. Spot Bitcoin ETFs, this week marks around $1.19 billion outflows, which is the highest negative flows since the year started, as well as for U.S. Spot Ethereum ETFs, which marks nearly $229.95 million outflows, as per the SoSoValue data. As this reversal marks a shift from early-January inflows to the heaviest Bitcoin and Ethereum ETF outflows seen so far this month. XRP and Solana ETFs Record Gains While ETFs tracking Bitcoin and Ethereum recorded massive single-day outflows, the U.S.Spot XRP and Solana ETFs saw inflows. The XRP ETFs recorded $7.16 million total net inflow on January 21, which was led by Canary XRP ETF(XRPC) with nearly $834K, alongside two other funds that saw inflows. Whil

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