According to data from SoSoValue, the US Bitcoin spot ETF recorded a net outflow of $582 million on Wednesday, marking the second-highest daily net outflow total since these funds were launched nearly a year ago.
Daily capital flow of US Bitcoin spot ETF (Source: SoSoValue)
Among the 12 Bitcoin spot ETFs, none experienced net inflows yesterday. The highest net outflow was from the Fidelity-issued FBTC fund, amounting to approximately $258 million, setting a new record for the fund's daily net outflow. This was followed by the ARKB fund jointly issued by Ark Invest and 21Shares, amounting to approximately $148 million.
The US Ethereum spot ETF also experienced a massive capital outflow yesterday, totaling $159 million, marking the second-highest daily net outflow total.
None of the Ethereum spot ETFs experienced net inflows yesterday. The highest net outflow was from the Fidelity-issued FETH fund, amounting to approximately $147 million, while the Grayscale-issued ETHE and ETH funds saw outflows of $8.26 million and $3.4 million, respectively.
Daily capital flow of US Ethereum spot ETF (Source: SoSoValue)
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