Bitcoin ETFs See $250M Inflow in a Week
Over the past week, BTC ETFs have seen a total net inflow of $250.3 million. The largest volume came from the largest fund, IBIT, which received $434.3 million. FBTC took second place with an inflow of $25.1 million. These figures indicate high interest from institutional investors in Bitcoin.
However, not all funds ended the week in the black. Thus, BITB recorded an outflow of $76.9 million, and ARKB lost $81.5 million. GBTC also demonstrated significant negative indicators with a result of -$69.7 million. These data highlight the heterogeneity of sentiment among market participants.
BTCO showed a slight positive result with an inflow of $2.2 million, while EZBC ended the week with an outflow of $3.2 million. BRRR, BTCW and several other funds maintained zero values. Such dynamics demonstrate that some products maintain stable interest, but without active growth.
It is interesting to note that HODL also showed a negative result of -$13.2 million, which confirms the trend of capital redistribution between different funds. Despite the total increase in the market, the structure of the inflow and outflow indicates high competition and selectivity of investors.
Thus, the aggregate data for the week gives a positive signal. The largest funds continue to provide growth in the overall statistics, which supports the long-term trend of increasing institutional presence in Bitcoin. The data for September 5th showed a different picture. On this day, BTC ETFs recorded a total outflow of $160.1 million. The largest losses were again in IBIT with a result of -$63.2 million, BITB with -$49.6 million and GBTC with -$47.3 million.
At the same time, data on the Ethereum ETF was also published. Here, the situation turned out to be even more tense – the outflow in one day amounted to $446.8 million. The largest losses were ETHA at $309.9 million and ETHE at $51.8 million. This shows that investors are reducing positions not only in Bitcoin, but also in Ethereum, increasing the overall uncertainty in the market.
Source: cryptonews.net
