ETF Market Seesaws: Volatility and Recovery Amid Bitcoin ETF Launch
Trend
The trend over the last seven weeks has shown significant volatility in ETF flows. The data indicates a pattern of alternating inflows and outflows:
- Six weeks ago: -$15M
- Five weeks ago: -$15M
- Four weeks ago: +$3M
- Three weeks ago: +$3M
- Two weeks ago: +$12M
- Last week: -$15M
- This week: +$15M
Last week's news highlighted several key developments, including the launch of the first Bitcoin ETF on the Australian Securities Exchange (ASX) by VanEck, a significant outflow of $621 million from Bitcoin ETFs, and the Federal Reserve's decision to leave interest rates unchanged, which likely influenced investor behavior.
This week represents a recovery after last week's decline, with a positive flow of $15M compared to the previous week's outflow of -$15M. This shift suggests a stabilization in investor sentiment, possibly influenced by the launch of the Bitcoin ETF in Australia and the anticipation of upcoming Ethereum ETFs.
For the market and investors, this week's inflow indicates renewed confidence and interest in ETFs, particularly in the context of recent regulatory and market developments.
Biggest Gainer
[IBIT] [$45M]
Biggest Loser
[FBTC] [$5M]
Day with the Highest Inflow
Monday saw the highest inflow with a total amount of USD 400 million. On this day, the overall situation of the ETFs was as follows:
- IBIT: +$50M
- FBTC: +$5M
- BITB: +$15M
- ARKB: +$25M
- BTCO: +$45M
- BTCO: -$5M
- EZBC: -$75M
- BRRR: +$25M
- HODL: -$55M
- BTCW: -$75M
- GBTC: +$52M
This significant inflow on Monday reflects a strong positive sentiment among investors, likely driven by the recent news and developments in the ETF market.