According to data from SoSo Value, the Hong Kong Bitcoin ETF experienced net outflows today for the first time since its listing. Data shows that Hong Kong’s three Bitcoin spot ETFs had a total outflow of 75.36 BTC yesterday.
In comparison, the Hong Kong Ethereum ETF performed relatively steadily, extending its fourth day of record net inflows. Data shows that the total inflow of the three Ethereum ETFs yesterday was about 999.75 ETH, but there is still a big gap between the total net asset size and the Bitcoin ETF, only 54 million US dollars.
On the other hand, the U.S. Bitcoin Spot ETF has resumed net inflows over the past two days after experiencing a week of net outflows. Data shows that total net inflows into Bitcoin spot ETFs yesterday reached $217 million.
Among them, the Bitcoin spot ETF with the largest single-day net inflow yesterday was Fidelity ETF FBTC, with a single-day net inflow of US$99.1936 million. This was followed by Ark Invest and 21Shares’ ARKB, which saw a single-day net inflow of $76 million.
This article Hong Kong Bitcoin ETF experiences first net outflows, U.S. resumes net inflows for second day in a row appeared first on Zombit.
