Daily Overview
The crypto ETF market experienced a net outflow today, primarily driven by significant withdrawals from Bitcoin funds. Ethereum and XRP saw some inflows, indicating selective investor interest.
Flows by Asset
BTC
Net: -$265.4M / Inflow: $0.0M / Outflow: -$265.4M
| Fund | Flow |
|---|---|
| BlackRock | -$122.7M |
| Fidelity | -$54.8M |
| Grayscale | -$52.6M |
| Bitwise | -$17.8M |
| 21Shares | -$17.5M |
ETH
Net: +$9.0M / Inflow: +$15.4M / Outflow: -$6.4M
| Fund | Flow |
|---|---|
| BlackRock ETHB | +$15.4M |
| Bitwise | -$2.5M |
| Grayscale Crypto | -$2.0M |
| Fidelity | -$1.9M |
SOL
No flows recorded.
XRP
Net: +$7.1M / Inflow: +$7.1M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Bitwise | +$6.6M |
| Franklin | +$0.5M |
HYPE
Net: -$1.8M / Inflow: $0.0M / Outflow: -$1.8M
| Fund | Flow |
|---|---|
| 21Shares THYP | -$1.8M |
Market Interpretation
Today's movements indicate a strong sell-off in Bitcoin ETFs, overshadowing the modest inflows into Ethereum and XRP. This reflects ongoing volatility and investor caution in the crypto space.
Conclusion
Overall, the market is navigating through a challenging phase with significant outflows, particularly from Bitcoin.
Flows are net creations minus redemptions, published the next morning (T+1). Text written by AI from computed figures. Market data for informational purposes only. Not investment advice.