Nine newly launched U.S. spot bitcoin ETFs have accumulated 177,949.11 BTC, with BlackRock's IBIT and Fidelity's FBTC accounting for nearly three-quarters of that total.
Nine newly launched U.S. spot bitcoin ETFs accumulated 177,949.11 BTC by Feb. 2, 2024, while GBTC shed 138,742.56 BTC. BlackRock and Fidelity accounted for nearly three-quarters of the new funds’ holdings.
US spot bitcoin ETFs recorded a combined $168.44 million in net outflows on Monday, led by GBTC, ARKB, and FBTC, even as a few smaller funds still posted modest inflows.
On Monday, U.S. spot Bitcoin ETFs recorded $168.44 million in net outflows, driven by GBTC ($69.12M), ARKB ($69M), and FBTC ($58.04M). However, Grayscale Mini BTC, VanEck HODL, and Bitwise BITB attracted inflows. Cumulative net inflows stand at $17.34 billion.
Spot Bitcoin ETFs in the US recorded net outflows of $168.44 million on Monday, led by Grayscale GBTC, Ark ARKB, and Fidelity FBTC, while the Mini Bitcoin Trust and a few others bucked the trend.
Crypto ETFs suffered a hard week with Bitcoin spot ETFs seeing $296M net outflows and Ether ETFs $206M outflows, totaling $503M. XRP ETFs bucked the trend with $2.66M inflows, while Solana ETFs shed $4.2M. BlackRock's ETHB staking product attracted $141M.
Bitcoin and Ether ETFs posted a combined $503 million in weekly outflows, reflecting a sharp shift toward caution. While Solana ETFs also slipped, XRP products managed modest inflows, highlighting selective investor positioning.
Bitcoin and Ether ETFs recorded $296.18M and $206.58M outflows respectively last week, totaling over $500M. BlackRock's ETHB attracted $141M via staking, while XRP ETFs gained $2.66M, contrasting with Solana's $4.2M outflows.
