Bitcoin ETFs Reversed Course in a Day. Who Is Buying when the Funds Sell?
BlackRock and Fidelity accounted for most of the redemptions as Bitcoin slipped toward $81,000, with Farside tallying $773.5 million in two-day net withdrawals.
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Bitcoin ETFs reversed course in a day. Who is buying when the funds sell?
U.S. spot Bitcoin funds have swung from $524.8 million in net inflows on October 21 to $635.6 million in outflows on October 22, followed by another $137.9 million in withdrawals on October 23. Farside Investors’ fund-by-fund table shows the turn…
US spot Bitcoin ETFs lost $773.5 million on October 22-23; BlackRock's IBIT led the way, with a net inflow of $301.2 million over the five sessions.
Bitcoin ETF outflows hit $137.9 million, Ethereum funds gain $4.4 million
🚨 $BTC ETFs saw $137.9 million in outflows while Ethereum funds managed a $4.4 million gain. 📉 BlackRock’s IBIT led with $110.3 million out, Fidelity’s FBTC lost $31.8 million, but MSBT reported inflows. 📊 Volatility remains high in $BTC and Ether ETFs, following big swings earlier in the week. Continue Reading:Bitcoin ETF outflows hit $137.9 million, Ethereum funds gain $4.4 million
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