U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) saw over $755 million in combined outflows on Monday following a record cryptocurrency liquidation over the weekend.
According to SoSoValue data, the Bitcoin (BTC) ETF recorded a net outflow of $326.52 million. Fidelity's Wise Origin Bitcoin Fund (FBTC) experienced the largest outflow at $93.28 million, while Grayscale's Bitcoin Trust (GBTC) saw an outflow of $145.39 million.
Other notable funds, including the Ark 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF (BITB), also recorded daily outflows of $21.12 million and $115.64 million, respectively. However, BlackRock's iShares Bitcoin Trust (IBIT) received an inflow of $60.36 million.
As of the time of writing, the total cumulative inflow remains at $62.44 billion, with the total net assets of all spot BTC ETFs reaching $157.18 billion, accounting for 6.81% of Bitcoin's market capitalization. Overall, these funds saw an inflow of $2.71 billion last week.
The Ethereum (ETH) ETF recorded an outflow of $428.52 million on Monday. BlackRock's iShares Ethereum Trust (ETHA) had the largest daily outflow of $310.13 million, followed by Grayscale's Ethereum Trust (ETHE) at $20.99 million, and Fidelity's Ethereum Fund (FETH) at $19.12 million.
Bitwise's Ethereum ETF (ETHW) and VanEck's Ethereum ETF (ETHV) also recorded smaller losses. ETHA remains the largest fund with net assets of $17.02 billion and a market share of 3.29%, while the total trading volume of ETH ETFs on that day reached $2.82 billion.
These outflows occurred after a record $20 billion liquidation in the cryptocurrency market over the weekend, following U.S. President Donald Trump's announcement that, in retaliation for Beijing's new rare earth mineral export restrictions, the U.S. would impose a 100% tariff on all Chinese imports starting November 1.
Public companies and ETFs now control 12.2% of the total Bitcoin supply. Amid ongoing institutional accumulation this year, holdings have steadily increased.
Vincent Liu, Chief Investment Officer at Taiwan's Kronos Research, told Cointelegraph that cautious sentiment among investors led to the withdrawal of funds after the recent liquidation.
"Investors are waiting for a clearer macro direction before re-engaging," Liu said. "Currently, market sentiment is driving activity more than the fundamentals," he added.
The analyst noted that events such as a resolution to the U.S. government shutdown or progress in trade negotiations could help restore confidence and potentially spark renewed interest in Bitcoin and Ethereum ETFs.
Related: Why Everyone Thinks the October 11 Crash Was a Long-Planned Harvest
Original article: “U.S. Spot Bitcoin (BTC), Ethereum (ETH) ETFs See $750M Outflows After Market Crash”
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。