Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Spot Bitcoin ETFs End Positive Dynamics with $438 Million Outflow

Spot Bitcoin ETFs End Positive Dynamics with $438 Million Outflow

HappyCoinNewsHappyCoinNews2024/11/26 22:33
By:HappyCoinNews

Exchange Bitcoin -US funds started the week with significant outflows as the price of bitcoin fell below $93,000 amid a wave of long-term liquidations.

According to SoSoValue, on November 25, 12 spot bitcoin ETF , recorded an outflow of $438,38 million, breaking a five-day streak of inflows. Last week, these funds saw a record $3,38 billion in inflows.

The leader in terms of outflow of funds was the BITB fund from Bitwise, from which investors withdrew more than $280 million.

Spot Bitcoin ETFs End Positive Dynamics with $438 Million Outflow image 0

Outflow of funds from spot BTC- ETF

Grayscale’s GBTC followed with an outflow of $158,2 million, followed by Fidelity’s FBTC with $134,7 million. From ARKB, Ark and 21Shares investors withdrew $110,9 million. Bitcoin - funds from Invesco, Valkyrie and VanEck also reported losses.

Only two exchange-traded funds invest in Bitcoin , showed a positive result. BlackRock's IBIT recorded a net inflow of $267,8 million. Mini Bitcoin Grayscale's Trust raised $420 from investors.

Spot Ethereum - ETF also noted a modest inflow of $2,8 million. Funds from Bitwise, Fidelity and VanEck showed a positive result, but ETH- ETF from 21Shares and two funds from Grayscale recorded net outflows.

EN @happycoinnews
EN @happycoinnews_en
1
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Will Musk Face "Reckoning" After the Election? Deutsche Bank: The Tighter the Hashpower, the More Profitable SpaceX; Political Risks Are Overestimated

Deutsche Bank believes that SpaceX's political risks are overestimated by the market—its core contracts are signed by federal executive agencies, congressional intervention is extremely limited, and there are no substitute suppliers in most business areas. The most immediate risk comes from the Texas governor-elect's tough stance on data centers, but tightening compute power supply might actually enhance SpaceX's pricing power and revenues.

华尔街见闻•2026/11/08 12:06
Will Musk Face "Reckoning" After the Election? Deutsche Bank: The Tighter the Hashpower, the More Profitable SpaceX; Political Risks Are Overestimated

After the US stock market plummeted, "Wood Sister" Cathie Wood said: The more the market worries, the more optimistic I become, the bull market is not over

As the Nasdaq falls into a correction zone, Cathie Wood ("Sister Wood") stated that the prevailing market anxiety actually makes her more confident in the continuation of the bull market. She attributes this correction to pressures in the bond market and controversies over AI capital expenditures, but emphasizes that the technological revolution is still ongoing. She also revealed that ARK has used the opportunity to increase its holdings in high-conviction positions such as SpaceX, and expects the stock market to perform well through 2027.

华尔街见闻•2026/11/08 09:41
After the US stock market plummeted, "Wood Sister" Cathie Wood said: The more the market worries, the more optimistic I become, the bull market is not over