The total net outflow of Bitcoin spot ETFs was $471 million yesterday, with none of the twelve ETFs seeing a net inflow.
PANews, October 30 – According to SoSoValue data, the total net outflow of bitcoin spot ETFs yesterday (October 29, Eastern Time) was $471 million.
The bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity ETF FBTC, with a single-day net outflow of $164 million. Currently, FBTC's historical total net inflow has reached $12.5 billions.
Next was Ark Invest and 21Shares' ETF ARKB, with a single-day net outflow of $144 million. Currently, ARKB's historical total net inflow has reached $2.119 billions.
As of press time, the total net asset value of bitcoin spot ETFs is $149.975 billions, with the ETF net asset ratio (market value as a percentage of bitcoin's total market value) reaching 6.75%. The historical cumulative net inflow has reached $61.866 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
a16z: Inefficient governance and dormant tokens pose a more severe quantum threat to BTC.
Deep Reflection: I Wasted Eight Years in the Crypto Industry
In recent days, an article titled "I Wasted Eight Years in the Crypto Industry" has garnered over a million views and widespread resonance on Twitter, directly addressing the gambling nature and nihilistic tendencies of cryptocurrencies. ChainCatcher now translates this article for further discussion and exchange.
Altcoin ETFs are launching in droves, so why aren’t they driving up token prices?
Trending news
MoreCrypto prices
More
