Bitcoin (CRYPTO: BTC) spot ETFs experienced their first net outflow in four days on July 30, totaling $18.3 million.
What Happened: This development comes as the world's leading cryptocurrency faces price volatility, trading around $66,050, down 0.6% in European hours.
The outflow was primarily driven by Grayscale's (OTC:GBTC), which saw $73.6 million exit the fund.
However, BlackRock's (NASDAQ:IBIT) continued to attract investors, with a substantial inflow of $74.8 million.
Despite this mixed performance, the total net asset value of Bitcoin spot ETFs remains robust at $58.5 billion, according to data from SoSo Value.
Ethereum (CRYPTO: ETH) based ETFs, on the other hand, reversed their recent trend, recording a net inflow of $33.6 million after four consecutive days of outflows.
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While Grayscale's (NYSE:ETHE) continued to bleed funds with a $120 million outflow, bringing its historical net outflow to $1.84 billion, BlackRock's (NASDAQ:ETHA) emerged as a bright spot with a significant $118 million inflow, data shows.
These fund flows come against a backdrop of market turbulence.
Bitcoin recently touched the $70,000 mark following former President Donald Trump's announcement of plans to create a strategic Bitcoin reserve if re-elected.
However, the cryptocurrency subsequently experienced a sharp 8% sell-off, triggered by the U.S. Marshals Service moving $2 billion worth of Bitcoin to new wallets, sparking liquidation fears.
Adding to the market narrative, CryptoQuant reported an increase in Bitcoin withdrawals from exchanges, suggesting a potential bullish sentiment.
"The increase in Bitcoin outflow can be a positive sign regarding the possibility of price increase and break-up of the fluctuation area in the future," the analytics firm stated.
What's Next: As the crypto market navigates these complex dynamics, industry participants are looking ahead to Benzinga's Future of Digital Assets event on Nov. 19.
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7月30日，比特币（加密货币：BTC）现货ETF经历了四天来的首次净流出，总额为1,830万美元。
发生了什么：这一事态发展是在世界领先的加密货币面临价格波动之际发生的，交易价格约为66,050美元，欧洲时段下跌0.6％。
资金外流主要是由Grayscale（场外交易代码：GBTC）推动的，该基金有7,360万美元退出。
但是，贝莱德（纳斯达克股票代码：IBIT）继续吸引投资者，大量流入7,480万美元。
根据SoSo Value的数据，尽管表现喜忧参半，但比特币现货ETF的总净资产价值仍然强劲，达到585亿美元。
另一方面，基于以太坊（加密货币：ETH）的ETF扭转了最近的趋势，在连续四天流出后净流入了3,360万美元。
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数据显示，尽管Grayscale（纽约证券交易所代码：ETHE）继续流出1.2亿美元的资金，使其历史净流出量达到18.4亿美元，但贝莱德（纳斯达克股票代码：ETHA）成为亮点，流入了1.18亿美元。
这些资金流是在市场动荡的背景下发生的。
在前总统唐纳德·特朗普宣布计划在连任后建立比特币战略储备之后，比特币最近触及了7万美元大关。
但是，由于美国法警局将价值20亿美元的比特币转移到新钱包，引发了对清算的担忧，该加密货币随后经历了8％的急剧抛售。
除了市场叙述外，CryptoQuant报告称，从交易所提取的比特币有所增加，这表明潜在的看涨情绪。
这家分析公司表示：“比特币流出的增加可能是未来价格上涨和波动区域分裂的可能性的积极信号。”
下一步是什么：随着加密市场应对这些复杂的动态，行业参与者期待着Benzinga将于11月19日举办的 “数字资产的未来” 活动。
