Five days of inflow interruption, Bitcoin ETF welcomes net outflow again
Farside Investors data shows that the Bitcoin spot ETF ended four consecutive days of net inflows, with a total net outflow of -$85.7 million on April 1.
The data of each ETF is as follows (from high to low):
Grayscale GBTC: -$302 million
ARKB: -$300,000
BlackRock IBIT: $165 million
Fidelity FBTC: $44 million
The net inflows of other ETFs did not exceed 10 million US dollars.
Bitcoin, Ethereum fell below 66K, 3.5K
Bitcoin briefly rose to $71,400 in the early morning of April 1, but fell as low as $66,687 (-8%) on the morning of April 2.
Ethereum fell to $3,313, down from $3,382 at press time.
(The monthly trading volume of South Korean exchange Upbit fell by 73%, has the altcoin craze peaked?)
BTC 1H｜OKX Ethereum spot ETF clearance probability exceeds 99%
James Seyffart said on April Fool’s Day that Bloomberg analysts had raised the Ethereum ETF to 99%, but that was just a joke.
He said the odds are still low and felt sorry for the expectations of Ethereum supporters.
We have increased our odds of a May#EthereumETF approval to 99%
— James Seyffart (@JSeyff) April 1, 2024
This article Bitcoin ETF｜GBTC had a net outflow of US$300 million, and Bitcoin once fell below 66K. It first appeared on Chain News ABMedia.
