Fidelity and Grayscale Lead $342 Million Bitcoin ETF Exit as Ether ETFs Log Third Green Day
2025-07-02 16:34:43
Main Idea
Bitcoin ETFs experienced a $342 million net outflow, ending a 15-day inflow streak, while ether ETFs continued their inflow trend with $40.68 million in net inflows.
Key Points
1. Bitcoin ETFs saw a $342.25 million net outflow, led by Fidelity’s FBTC ($172.73 million) and Grayscale’s GBTC ($119.51 million).
2. Ether ETFs recorded a third consecutive day of inflows, totaling $40.68 million, driven by Blackrock’s ETHA ($54.84 million) and Grayscale’s ETHE ($9.96 million).
3. Trading activity for bitcoin ETFs remained solid with $2.79 billion in value exchanged, while ether ETFs saw $385.37 million in total value traded.
Description
Bitcoin ETFs saw a sharp reversal, ending their impressive 15-day inflow streak with a $342 million net outflow. Meanwhile, ether ETFs posted a third consecutive day of inflows, buoyed by strong entries into Blackrock and Grayscale funds. ETF Shift: Bitcoin Funds See First Outflow in Over Two Weeks After more than two weeks of steady
Latest News
- Russian Defense Conglomerate Rostec to Adopt Ruble Stablecoin for Secure Transactions2025-07-04 11:46:36
- WOW Summit 2025 Returns to Hong Kong, Uniting Global Tech Titans to Shape the Future of Web3 and AI2025-07-04 11:15:41
- Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil2025-07-04 10:43:51
- Top Online Formula 1 Betting Sites with Bitcoin in 2025 [Bet on the British Grand Prix!]2025-07-04 10:12:48
- Digital Currency Showdown: Chinese Tech Giants Plot Yuan Stablecoin Strike Against the Dollar2025-07-04 09:40:43