{"id":20157,"date":"2025-01-09T13:03:33","date_gmt":"2025-01-09T11:03:33","guid":{"rendered":"https:\/\/forklog.com\/en\/spot-bitcoin-etfs-see-the-largest-outflow-in-three-weeks\/"},"modified":"2025-01-09T13:03:33","modified_gmt":"2025-01-09T11:03:33","slug":"spot-bitcoin-etfs-see-the-largest-outflow-in-three-weeks","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/spot-bitcoin-etfs-see-the-largest-outflow-in-three-weeks\/","title":{"rendered":"Spot bitcoin ETFs see the largest outflow in three weeks"},"content":{"rendered":"<p>On January 8, outflows from spot bitcoin exchange-traded funds <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" title=\"\">totaled $582.9 million<\/a>. Over the preceding four days, investors had put $1.95 billion into the products.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1383.webp\" alt=\"1-1383\" class=\"wp-image-249207\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>The largest outflow was from Fidelity\u2019s FBTC ($285.7 million) <em>\u2014<\/em> the biggest on record.<\/p>\n<p>Cumulative inflows since the <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">approval<\/a> of BTC ETFs in January reached $36.37 billion.<\/p>\n<p><span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> for the products fell to $106.8 billion.\u00a0<\/p>\n<p>IBIT accounts for 49.2% ($52.5 billion) of that total. Together with Grayscale\u2019s GBTC ($19.2 billion) and Fidelity\u2019s FBTC ($19.3 billion), BlackRock\u2019s fund concentrates 85.2% of sector assets.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-993.webp\" alt=\"2-993\" class=\"wp-image-249208\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\"><strong>ETH-ETF<\/strong><\/h2>\n<p>On January 8, outflows from ETH ETFs <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\">totaled $159.4 million<\/a> after $86.8 million the day before.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/3-558.webp\" alt=\"3-558\" class=\"wp-image-249209\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>As with the BTC ETFs, the Fidelity product (FETH) recorded the biggest losses <em>\u2014<\/em> $147.7 million.<\/p>\n<p>Since <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-spot-etfs-debut-with-1-billion-trading-volume\">launch<\/a>, the instruments have attracted $2.52 billion.<\/p>\n<p>AUM fell to $11.7 billion.<\/p>\n<p>The leaders are Grayscale\u2019s ETHE ($4.61 billion) and BlackRock\u2019s ETHA ($3.66 billion).<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/4-352.webp\" alt=\"4-352\" class=\"wp-image-249210\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>In 2024, issuers of BTC ETFs and public companies <a href=\"https:\/\/forklog.com\/en\/news\/k33-analysts-predict-bitcoin-bull-run-peak-date\">bought 859,454 BTC<\/a>, according to K33 Research. That equals 4.3% of the available supply and is equivalent to miners\u2019 output over the next eight years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On January 8, outflows from spot bitcoin exchange-traded funds totaled $582.9 million. Over the preceding four days, investors had put $1.95 billion into the products. Data: SoSoValue. The largest outflow was from Fidelity\u2019s FBTC ($285.7 million) \u2014 the biggest on record. Cumulative inflows since the approval of BTC ETFs in January reached $36.37 billion. AUM [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1248,1145],"class_list":["post-20157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-fidelity-investments","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"75","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20157"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20156"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}