Quick Facts

Bitcoin spot ETFs in the United States saw outflows of $54.13 million on Thursday. This was the third consecutive day of negative inflows, bringing the three-day total to over $388 million.

Outflows were led by 21Shares’ ARKB, which saw $57.97 million in outflows, according to data from SoSoValue. Fidelity’s FBTC also saw $37.21 million in outflows yesterday.

Meanwhile, BlackRock’s IBIT led inflows with $35.96 million on Thursday. Bitwise’s BITB saw inflows of $2.65 million, followed by $2.44 million flowing into Invesco’s BTCO. The remaining seven funds, including Grayscale’s GBTC, saw no outflows on the day.

On Thursday, Bitcoin spot ETFs saw a total daily trading volume of $1.13 billion, down from $1.66 billion the day before. These ETFs have accumulated a total net inflow of $18.47 billion since their launch in January.

Ether ETFs also saw outflows

Ether ETFs saw a total daily outflow of $3.2 million. Grayscale’s ETHE saw $14.69 million in outflows, while Fidelity’s FETH saw about $587,090 in outflows.

The outflows were partially offset by $12.08 million in inflows into BlackRock’s ETHA. Six other Ether ETFs saw no inflows on the day.

Nine Ether ETFs saw a daily trading volume of $115.66 million on Thursday, down from $197.82 million on Wednesday. Since launching in July, the funds have recorded negative cash flow of $561.05 million.

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