Bitcoin ETFs Break 15-Day Inflow Streak as Outflows Set Record High at $672 Million

BE[IN]CRYPTO12-20 15:36

Bitcoin ETFs saw record single-day outflows, led by Fidelity’s FBTC, marking a sharp investor reaction. Ethereum ETFs ended an 18-day inflow streak with $60.5M in outflows, mirroring Bitcoin’s market ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin ETFs Break 15-Day Inflow Streak as Outflows Set Record High at $672 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 15:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://beincrypto.com/bitcoin-etfs-break-inflow-streak/><strong>BE[IN]CRYPTO</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin ETFs saw record single-day outflows, led by Fidelity’s FBTC, marking a sharp investor reaction.\nEthereum ETFs ended an 18-day inflow streak with $60.5M in outflows, mirroring Bitcoin’s market ...</p>\n\n<a href=\"https://beincrypto.com/bitcoin-etfs-break-inflow-streak/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETHV","symbol_name":"Vaneck Ethereum ETF","start_time":0,"source_url":"https://beincrypto.com/bitcoin-etfs-break-inflow-streak/","article_id":"2492649991","we_media_id":null,"thumbnails":["https://beincrypto.com/wp-content/uploads/2023/07/bic_Bitcoin_etf_ETFs_General_5-covers_neutral-850x478.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492649991","pubTimestamp":1734680193,"columns":[],"sourceInfo":{"source_id":"beincrypto_highlight","name":"BE[IN]CRYPTO"},"weMediaInfo":null,"summary":"Bitcoin ETFs saw record single-day outflows, led by Fidelity’s FBTC, marking a sharp investor reaction.Ethereum ETFs ended an 18-day inflow streak with $60.5M in outflows, mirroring Bitcoin’s market trend.Fed Chair Jerome Powell’s remarks on interest rates and BTC ownership stance spooked crypto ETF investors.Bitcoin ETFs  broke a 15-day streak of positive flows on Thursday, recording the largest single-day outflows since their launch in January. Ethereum ETFs shared the sentiment, breaking an 18-day streak of positive flows.It comes as markets continue to reel from the comments made by Federal Reserve chair Jerome Powell on Wednesday.According to data on Farside investors, Bitcoin ETF outflows reached a new peak on Thursday at $671.9 million. This beat the previous high of negative flows of $564 million recorded on May 1, 2024.Against this backdrop, the massive outflows on December 19 likely represent Wall Street investors’ reaction, with only two interest rate cuts expected next year","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETHV":"Vaneck Ethereum ETF","BITO":"ProShares Bitcoin ETF","BK4594":"比特币ETF概念","BK4585":"ETF&股票定投概念","CETH":"21Shares Core Ethereum ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","BK4588":"碎股","BK4550":"红杉资本持仓","BRRR":"Valkyrie Bitcoin Fund","DEFI":"Hashdex Bitcoin ETF","GBTC":"Grayscale Bitcoin Trust","HODL":"VanEck Bitcoin Trust ETF","BTCO":"Invesco Galaxy Bitcoin ETF","BTCW":"WisdomTree Bitcoin Fund","FDN":"First Trust Dow Jones Internet I","QETH":"Invesco Galaxy Ethereum ETF","FETH":"Fidelity Ethereum Fund","EZBC":"Franklin Bitcoin ETF","BITB":"Bitwise Bitcoin ETF","BK4601":"加密货币现货ETF","EZET":"Franklin Ethereum Etf"},"translate_title":"比特币ETF打破连续15天流入，流出量创历史新高，达到6.72亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITO":1,"HODL":1,"GBTC":1,"FBTC":1,"EZBC":1,"DEFI":1,"BTCW":1,"BTCO":1,"BRRR":1,"BITB":1,"QETH":0.9,"FETH":0.9,"FDN":0.9,"EZET":0.9,"ETHV":0.9,"CETH":0.9},"content_text":"Bitcoin ETFs saw record single-day outflows, led by Fidelity’s FBTC, marking a sharp investor reaction.\nEthereum ETFs ended an 18-day inflow streak with $60.5M in outflows, mirroring Bitcoin’s market trend.\nFed Chair Jerome Powell’s remarks on interest rates and BTC ownership stance spooked crypto ETF investors.\n\nBitcoin ETFs (Exchange-traded funds) broke a 15-day streak of positive flows on Thursday, recording the largest single-day outflows since their launch in January. Ethereum ETFs shared the sentiment, breaking an 18-day streak of positive flows.\nIt comes as markets continue to reel from the comments made by Federal Reserve chair Jerome Powell on Wednesday.\nBitcoin ETF Outflows Set New Peak at $672 Million\nAccording to data on Farside investors, Bitcoin ETF outflows reached a new peak on Thursday at $671.9 million. This beat the previous high of negative flows of $564 million recorded on May 1, 2024.\nBased on the data, Fidelity’s FBTC fund led the selling volume on the December 19 trading session with outflows of up to $208.5 million. Notably, this marked the highest level in the fund’s operation since January 11, when these financial instruments first hit the market.\nBitcoin ETF Flows. Source: Farside\nGrayscale’s BTC fund recorded outflows of $188.6 million, marking its worst performance since launch. Ark Invest’s ARKB also contributed more than $108 million to the total outflows in the Thursday trading session. BlackRock’s IBIT fund bucked the trend, alongside Franklin Templeton’s EZBC and Valkyries’ BRRR, recording neither outflows nor inflows.\nFarside data also shows a similar outlook in the Ethereum ETF market, breaking an 18-day streak of positive flows as outflows hit $60.5 million. Crypto enthusiast Mark Cullen attributes the turnout to the news that the FED is not allowed to hold BTC, a stance that may threaten prospects of a Bitcoin reserve in the US.\n\n“It seems that the US BTC ETFs are all capitulating after the news that the FED isn’t allowed to hold BTC. So does that mean no strategic Bitcoin reserve fund? Total outflows net -$671.9 million,” Cullen shared.\n\nIndeed, during his press conference on Wednesday, Jerome Powell said the Federal Reserve is not allowed Bitcoin, suggesting that they can only advise and regulate. The Fed chair also hinted at not keeping interest rate cuts going into 2025 as previously expected. This change in rhetoric came after data showed US inflation was not cooling as Federal Reserve officials had hoped.\nAgainst this backdrop, the massive outflows on December 19 likely represent Wall Street investors’ reaction, with only two interest rate cuts expected next year. \n\n\n\n\n🎄Best crypto platforms in Europe | December 2024\n\n\n\neToro\nExplore\n                      \n\n\n\n\n\nWirex\nExplore\n                      \n\n\n\n\n\nYouHodler\nExplore\n                      \n\n\n\n\n\nPhemex\nExplore\n                      \n\n\n\n\n\nMargex\nExplore\n                      \n\n\n\n\n\n\n\n\n🎄Best crypto platforms in Europe | December 2024\n\n\neToro\n\n\n\n\n\n\n\n\nWirex\n\n\n\n\n\n\n\n\nYouHodler\n\n\n\n\n\n\n\n\nPhemex\n\n\n\n\n\n\n\n\nMargex","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492649991"}