On 13 January, spot bitcoin ETFs saw $284.2m in outflows. Over the past three days, investors have withdrawn a total of $1.02bn.
Cumulative inflows since the approval of BTC ETFs in January have fallen to $35.93bn.
AUM across the products fell to $105.1bn.
IBIT accounts for 48.9% ($51.5bn) of that total. Together with Grayscale’s GBTC ($19bn) and Fidelity’s FBTC ($19bn), BlackRock’s fund accounts for 85.2% of assets in the segment.
ETH-ETF
On 13 January, outflows from ETH ETFs totaled $39.4m. The negative trend continued for a fourth straight day (a cumulative $354m).
Since launch, the products have attracted $2.41bn.
AUM fell to $10.9bn.
The leaders by assets raised are Grayscale’s ETHE ($4.32bn) and BlackRock’s ETHA ($3.4bn).
Earlier, CF Benchmarks experts suggested that in 2025 investment advisers will increase their positions in bitcoin- and Ethereum-based ETFs by more than 50%.
According to K33 Research, in 2024 BTC ETF issuers and public companies purchased 859,454 BTC. That equals 4.3% of the available supply and is equivalent to the next eight years of miners’ issuance.