Odaily reported that, according to monitoring by Lookonchain, US Bitcoin ETFs recorded a net outflow of 1,320 BTC today. On a seven-day basis, the same category of products posted a cumulative net outflow of 15,849 BTC. The net flow figure refers to the balance after inflows and outflows are offset within the relevant reporting period.
Ethereum ETFs also posted net outflows
Lookonchain’s monitoring also showed that US Ethereum ETFs recorded a net outflow of 2,370 ETH today. Over the past seven days, US Ethereum ETFs saw cumulative net outflows of 13,416 ETH. Based on the reported data, both Bitcoin ETFs and Ethereum ETFs registered net outflows for today as well as for the seven-day measurement window.
ETF net inflow and net outflow data are commonly used to describe asset increases or decreases in related products over a defined period. The figures in this report come from Lookonchain monitoring and were cited by Odaily in its newsflash.