Record Outflows for GBTC and ETHE Funds
Publication Time:2024-08-14 07:06:06
As reported by Farside Investors' latest monitoring, there were notable changes in market activity for spot Bitcoin ETFs and spot Ethereum ETFs on August 13th. Grayscale Bitcoin Trust (GBTC) faced an outflow of $28.6 million, while VanEck Vectors Bitcoin ETN (ETHE) witnessed an outflow of $31 million. This indicates a shift in investors' stance towards these funds, which may affect market sentiment. It's worth noting that several other Bitcoin-related funds, including BITB, ARKB, EZBC, BTC, showed varying degrees of inflows during the same period, reflecting diverse investment approaches within the market. For Ethereum-related ETFs, the outflow for ETHE stood out at $31 million, whereas funds like ETHW, CETH, EZET, ETH did not show significant inflows or outflows.
ETHE
GBTC
Ethereum ETF
Bitcoin ETF
Capital Flow