BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

CoinMarketCap12-25 13:39

BlackRock’s Bitcoin exchange-traded fund (ETF) has seen its largest-ever single-day outflow as Bitcoin funds notch a fourth straight trading day of outflows now totaling over $1.5 billion. BlackRock’s...

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Since Dec. 19, the funds have seen joint net outflows of $1.52 billion.All-time IBIT flow data shows the fund’s rare outflow days. Source: CoinGlass. Meanwhile, Ether ETFs have experienced two consecutive days of inflows in the lead-up to Christmas.Meanwhile, net assets in US Bitcoin ETFs surpassed gold funds for the first time on Dec. 16, according to K33 Research.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTCW":"WisdomTree Bitcoin Fund","ETH":"Grayscale Ethereum Mini Trust","BLK":"贝莱德","DEFI":"Hashdex Bitcoin ETF","BK4601":"加密货币现货ETF","BITB":"Bitwise Bitcoin ETF","EZBC":"Franklin Bitcoin ETF","FDN":"First Trust Dow Jones Internet I","ARKB":"ARK 21Shares Bitcoin ETF","BITO":"ProShares Bitcoin ETF","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","HODL":"VanEck Bitcoin Trust ETF","GBTC":"Grayscale Bitcoin Trust","FBTC":"Fidelity Wise Origin Bitcoin Fund","BK4588":"碎股","BK4550":"红杉资本持仓","BTC":"Grayscale Bitcoin Mini Trust","BRRR":"Valkyrie Bitcoin Fund","IBIT":"iShares Bitcoin Trust","BTCO":"Invesco Galaxy Bitcoin ETF"},"translate_title":"BlackRock的比特币ETF资金流出创历史新高，资金在4天内流失$1.5 B","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITB":1,"IBIT":1,"HODL":1,"GBTC":1,"FDN":1,"FBTC":1,"EZBC":1,"ETH":1,"DEFI":1,"BTCW":1,"BTCO":1,"BTC":1,"BRRR":1,"BLK":1,"BITO":1,"ARKB":1},"content_text":"BlackRock’s Bitcoin exchange-traded fund (ETF) has seen its largest-ever single-day outflow as Bitcoin funds notch a fourth straight trading day of outflows now totaling over $1.5 billion.\nBlackRock’s iShares Bitcoin Trust ETF (IBIT) hit $188.7 million in outflows on Dec. 24, beating its previous record outflow day of $72.7 million set just days earlier on Dec. 20, per CoinGlass data.\nAll 12 United States-based spot Bitcoin (BTC) ETFs saw joint total outflows hit $338.4 million on Christmas Eve. Since Dec. 19, the funds have seen joint net outflows of $1.52 billion.\n\n\nAll-time IBIT flow data shows the fund’s rare outflow days. Source: CoinGlass\n\n\nEther ETF inflows continue\nThe Fidelity Wise Origin Bitcoin Fund (FBTC) and the ARK 21Shares Bitcoin ETF (ARKB) also saw respective Dec. 24 outflows of $83.2 million and $75 million, while the Bitwise Bitcoin ETF (BITB) was the only one to see an inflow, which hit $8.5 million.\nMeanwhile, Ether ETFs have experienced two consecutive days of inflows in the lead-up to Christmas.\nUS spot Ether (ETH) ETFs continued their momentum with a second day of inflows on Dec. 24, adding $53.6 million after a $130.8 million inflow on Dec. 23. \n\n\nTotal Ethereum Spot ETF Net Inflow. Source: CoinGlass\n\n\nLaunched in July, the Ether funds had a slow start compared to the strong early momentum that spot Bitcoin ETFs saw after their January launch.\nHowever, since late November, the Ether ETFs have gained traction, having seen an 18-day inflow streak that was cut on Dec. 18.\nEther set to perform BTC in January\nBitcoin is trading at $98,035, up 4.59% in the last 24 hours, while Ether is trading at $3,420, up 3.28% over the same time, according to CoinMarketCap data.\nTradingView shows Ether’s relative strength to Bitcoin — the ETH/BTC ratio — is currently at 0.035. Some analysts believe that ETH may outperform Bitcoin in January 2025.\nRelated: BTC price stampedes to $99.5K hours after record Bitcoin ETF outflow\nMeanwhile, net assets in US Bitcoin ETFs surpassed gold funds for the first time on Dec. 16, according to K33 Research.\nOn Dec. 16, the US Bitcoin funds collectively broke $129 billion in assets under management (AUM), surpassing US gold ETFs, which held just shy of that figure, according to K33 Research’s head of research, Vetle Lund.\nThe AUM figure includes spot BTC ETFs as well as ETFs that track Bitcoin’s performance using financial derivatives, such as futures, said Bloomberg ETF analyst Eric Balchunas.\nMagazine: Women more bullish about blockchain games than men: Web3 Gamer\nThis article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.","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":"4.29.4","shortVersion":"4.29.4","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/2494097431"}