{"id":16479,"date":"2024-08-28T16:35:17","date_gmt":"2024-08-28T13:35:17","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-etf-inflows-halt-on-ninth-day\/"},"modified":"2024-08-28T16:35:17","modified_gmt":"2024-08-28T13:35:17","slug":"bitcoin-etf-inflows-halt-on-ninth-day","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-etf-inflows-halt-on-ninth-day\/","title":{"rendered":"Bitcoin ETF Inflows Halt on Ninth Day"},"content":{"rendered":"<p>On August 27, outflows from spot Bitcoin ETFs amounted to $127.1 million, according to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\/us-btc-spot\">SoSoValue<\/a>. In the preceding eight days, these products had seen inflows of $756 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1177.webp\" alt=\"1-1177\" class=\"wp-image-239854\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>Investors withdrew $102 million from ARKB by ARK Invest &#038; 21 Shares, $18.3 million from GBTC by Grayscale, and $6.8 million from BITB by Bitwise.<\/p>\n<p>Other instruments showed no change.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-875.webp\" alt=\"2-875\" class=\"wp-image-239855\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>Cumulative inflows <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">since the approval<\/a> of BTC-ETFs in January have decreased to $18 billion.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Ethereum-ETF<\/strong><\/h2>\n<p>On August 27, outflows from spot Ethereum ETFs totaled $3.5 million, according to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\/us-eth-spot\">SoSoValue<\/a>. This negative trend continued for the ninth consecutive day.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-496.webp\" alt=\"3-496\" class=\"wp-image-239857\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>Net withdrawals over the entire period increased to $481.3 million.<\/p>\n<p>Total outflows from the Grayscale Ethereum Trust (ETHE) rose to $2.55 billion, with an increase of $9.2 million on August 27.<\/p>\n<p>On the last reporting day, clients added $3.9 million to FETH by Fidelity and $1.9 million to ETHW by Bitwise.<\/p>\n<p>There were no changes in other exchange-traded funds.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-319.webp\" alt=\"4-319\" class=\"wp-image-239858\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>Glassnode has warned of the cryptocurrency market entering a phase of increased volatility.<\/p>\n<p>Previously, trader and analyst Rekt Capital pointed to a potential Bitcoin reversal if a successful retest of the upper boundary of the descending channel leads to a return to a growth trajectory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On August 27, outflows from spot Bitcoin ETFs amounted to $127.1 million, according to SoSoValue. In the preceding eight days, these products had seen inflows of $756 million. Data: SoSoValue. Investors withdrew $102 million from ARKB by ARK Invest &#038; 21 Shares, $18.3 million from GBTC by Grayscale, and $6.8 million from BITB by Bitwise. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1145],"class_list":["post-16479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"42","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=16479"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16478"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}