Editor's PiCK
US Bitcoin ETF Sees $1.2 Billion Outflow Over 3 Days, Longest Since Presidential Election
Summary
- It was reported that $1.2 billion has flowed out of US Bitcoin spot ETFs over the past three days.
- This is said to be the longest period of outflow since former President Donald Trump's re-election.
- Bitcoin ETF assets have decreased by over $10 billion from their peak, while Ethereum ETFs showed a negligible outflow.
In the US securities market, Bitcoin (BTC) spot exchange-traded funds (ETFs) have experienced an outflow of $1.2 billion over the past three days.
On the 25th (local time), cryptocurrency-focused media The Block cited SoSoValue data, reporting that "12 spot ETFs available in the US market recorded an outflow of about $1.2 billion over the past three trading days. This is the longest period of outflow since former President Donald Trump was re-elected."
Currently, the assets under management (AUM) of Bitcoin spot ETFs are approximately $105 billion, marking an outflow of over $10 billion compared to the peak of $121.6 billion recorded on December 16.
In contrast, Ethereum (ETH) ETFs have remained mostly flat during the same period. The total outflow was $4.83 million, which, while more than the inflow, is negligible compared to Bitcoin funds.
YM Lee
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