On Tuesday, October 22, US spot bitcoin ETF ended a seven-day period of inflows. The 12 exchange-traded funds that trade the flagship crypto asset reported a combined net outflow of $79,09 million, according to SoSoValue.
Outflow of funds from spot bitcoin ETF
The only fund from which investors withdrew capital was a joint venture ETF ARKB from Ark and 21Shares. The fund's issuers lost about $134,74 million on Tuesday.
BlackRock's IBIT fund, the largest spot bitcoin ETF by net assets, recorded a net inflow of $42,98 million. Fidelity's FBTC saw investors pour $8,85 million into it on Tuesday. HODL VanEck also saw net inflows of $3,82 million. Eight other funds, including Grayscale's GBTC, posted flat results on Oct. 22.
Net outflows of $79 million reduced total inflows by 12% ETF up to $21,15 billion. Total daily trading volume Bitcoin -funds fell from $1,76 billion on Monday to $1,4 billion on Tuesday.
The past trading day was a good one for US spot currencies. Ethereum - ETF On October 22, they saw about $11,94 million invested, with the entire inflow coming from BlackRock's ETHA fund. The other eight funds trading ether recorded zero inflows.
