The Future of Ethereum ETF from the Success of Bitcoin ETF
For many large groups of non-crypto native capital, Ethereum has much lower buy-in as a key portfolio allocation.
JinseFinanceLog in/ Sign up
The GBTC ETF has seen its smallest outflow since its inception, with just $17.5 million being withdrawn.
Follow
Farside data indicates that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced a significant inflow of $123.7 million on Apr. 10, following a period of consecutive outflows. Notably, the Grayscale GBTC ETF saw its lowest outflow at just $17.5 million since launch. However, its total outflows reached $15,981.0 billion.
Bitcoin ETF Flow Table: (Source: Farside)
Farside data highlights that among the BTC ETFs, including BlackRock IBIT, Fidelity FBTC, ARK’s ARKB, and Bitwise BITB, which have seen the most significant inflows, only these four registered positive inflows on Apr. 10. Leading the group was FBTC, with an inflow of $76.3 million, its largest since Apr. 5, pushing its total inflows to $8,043.2 billion. The total net inflows to Bitcoin ETFs now stand at $12,494.5 billion.
According to Heyappollo data, the eleven US spot BTC ETFs collectively hold 840,505 BTC.
BTC ETF Data: (Source: Heyapollo.com)
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
Load more comments
More news about bitcoin etf flow table
- More than 200 BTC flow into BlackRock Bitcoin ETFBullishBearish
More news about bitcoin etf flow table
- JinseFinance
Bitcoin Asia: Spot ETFs, numerous second-tier projects, and short-lived projects
The conference was held in Hong Kong. Does this indicate that Hong Kong and even China will return to a dominant position in the encryption industry?
JinseFinanceJP Morgan: Bitcoin ETF price and flow correlation are declining
The correlation was as high as 0.84 in January, according to JPMorgan estimates, but has slowed since then.
JinseFinanceIs MicroStrategy Stock Better than a Spot Bitcoin ETF?
TD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
JinseFinanceImpact of the adoption of Bitcoin ETF
After many reversals and mistakes, the Bitcoin Spot ETF was finally approved by the U.S. Securities and Exchange Commission.
JinseFinanceCoinbase Backs Grayscale’s Bitcoin ETF Lawsuit Against SEC
Coinbase joins Grayscale in claiming that the SEC is failing to give spot market Bitcoin ETFs fair consideration.
OthersBitcoin Stock-to-Flow Creator Buying the Dip, Is the Price Model Still Valid?
Bitcoin has been declared 'dead' 463 times. Is the S2F price prediction model still valid?
BeincryptoFlow (FLOW), Seedify.fund (SFUND) and Gorilix (SILVA) win big
The start of August has been a success for Flow (FLOW), Seedify.fund (SFUND) and Gorilix (SILVA). Each token has received ...
BitcoinistLong-Term Crypto Investment — Buy FIREPIN Token (FRPN), Flow (FLOW), and Stellar (XLM)
The cryptocurrency market is currently experiencing a downturn in prices and market performance. Even Bitcoin (BTC) and Ethereum (ETH) are ...
BitcoinistMehracki (MKI) Could Provide Stiff Competition To Polygon (MATIC) And Flow (FLOW)
The Mehracki (MKI) Token is an upcoming new cryptocurrency that will be launched via a presale soon. It targets the ...
Bitcoinist