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.
Image: Shutterstock
7月30日，比特幣（加密貨幣：BTC）現貨ETF經歷了四天來的首次淨流出，總額爲1,830萬美元。
發生了什麼：這一事態發展是在世界領先的加密貨幣面臨價格波動之際發生的，交易價格約爲66,050美元，歐洲時段下跌0.6％。
資金外流主要是由Grayscale（場外交易代碼：GBTC）推動的，該基金有7,360萬美元退出。
但是，貝萊德（納斯達克股票代碼：IBIT）繼續吸引投資者，大量流入7,480萬美元。
根據SoSo Value的數據，儘管表現喜憂參半，但比特幣現貨ETF的總淨資產價值仍然強勁，達到585億美元。
另一方面，基於以太幣（加密貨幣：ETH）的ETF扭轉了最近的趨勢，在連續四天流出後淨流入了3,360萬美元。
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數據顯示，儘管Grayscale（紐約證券交易所代碼：ETHE）繼續流出1.2億美元的資金，使其歷史淨流出量達到18.4億美元，但貝萊德（納斯達克股票代碼：ETHA）成爲亮點，流入了1.18億美元。
這些資金流是在市場動盪的背景下發生的。
在前總統唐納德·特朗普宣佈計劃在連任後建立比特幣戰略儲備之後，比特幣最近觸及了7萬美元大關。
但是，由於美國法警局將價值20億美元的比特幣轉移到新錢包，引發了對清算的擔憂，該加密貨幣隨後經歷了8％的急劇拋售。
除了市場敘述外，CryptoQuant報告稱，從交易所提取的比特幣有所增加，這表明潛在的看漲情緒。
這家分析公司表示：“比特幣流出的增加可能是未來價格上漲和波動區域分裂的可能性的積極信號。”
下一步是什麼：隨着加密市場應對這些複雜的動態，行業參與者期待着Benzinga將於11月19日舉辦的 “數字資產的未來” 活動。
圖片：Shutterstock
