Massive Withdrawals from Bitcoin ETF, Capital Flow Shifts! Ark Takes a Hit, BlackRock Emerges as the Winner?
On Tuesday, the U.S. spot Bitcoin ETF faced a net outflow of $79 million, ending a seven-day streak of inflows, with the total capital size dropping to $21.15 billion. Ark 21Shares' ARKB was hit hard, with an outflow of $134.74 million, while BlackRock's IBIT attracted $42.98 million, and Fidelity's FBTC also gained $8.85 million. Meanwhile, open interest in Bitcoin futures surged to a record $40.5 billion, with CME holding a 30.7% share.
The shift in capital flow is dramatic, and the underlying market sentiment changes are worth exploring! Stay tuned for more insights from Lao Lin!
