Bitcoin Outflows Surge, Ethereum Inflows Rise: Weekly ETF Trends
Weekly Spot ETFs
Bitcoin ETF: outflow [-$582.10M].
Ethereum ETF: inflow [+$58.9M].
Trend
This week represents a change from previous weeks, with a significant outflow in Bitcoin ETFs and a moderate inflow in Ethereum ETFs. The volume of funds has increased compared to previous weeks, with a total movement of $450M, an increase of 53.42%. This increase indicates a shift in market sentiment, suggesting a potential reallocation of assets by investors.
Biggest Gainer
The ETF with the biggest gain is IBIT with a gain of $45M. IBIT is issued by BlackRock and is a prominent Bitcoin ETF in the market.
Biggest Loser
The ETF with the biggest loss is FBTC with a loss of $5M. FBTC is the Fidelity Wise Origin Bitcoin Fund, issued by Fidelity.
Day with the Highest Inflow
Monday with an amount of $400M. The ETF with the highest gain on this day was BITB with a gain of $50M. BITB is issued by Bitwise Asset Management, Inc. The ETF with the highest loss on this day was ARKB with a loss of $2M. ARKB is issued by ARK Investment Management LP.
Day with the Highest Outflow
Friday with an amount of $80M. The ETF with the highest gain on this day was EZBC with a gain of $20M. EZBC is the Franklin Bitcoin ETF, issued by Franklin Templeton Investments. The ETF with the highest loss on this day was BTCW with a loss of $8M. BTCW is issued by Grayscale.