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Bitcoin ETFs See $839 Million Inflows as Gold Funds Lose $4.1 Billion

Bitcoin ETFs See $839 Million Inflows as Gold Funds Lose $4.1 Billion

Ten US Bitcoin ETFs posted net outflows totaling 1,987 BTC, with BlackRock leading losses, alongside broad Ethereum ETF withdrawals.

BTC
ETH

Summary

Ten US Bitcoin ETFs recorded a combined net outflow of 1,987 BTC, with BlackRock’s holdings decreasing by 1,362 BTC to 801,449 BTC. Nine Ethereum ETFs also saw withdrawals totaling 21,022 ETH, including a 9,980 ETH reduction from BlackRock, bringing its Ethereum ETF holdings to 3,992,745 ETH. The sizable outflows highlight an ongoing shift in investor activity across both Bitcoin and Ethereum exchange-traded funds.

Terms & Concepts
  • Spot Bitcoin ETF: An exchange-traded fund that directly invests in Bitcoin, allowing investors to gain exposure to the asset’s price movements without holding it directly.
  • Ethereum ETF: An exchange-traded fund designed to provide exposure to the price movements of Ethereum without directly holding the cryptocurrency.