Bitcoin ETF

Bitcoin

Spot

<p><strong>Key points</strong>:</p>  
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 <li>Spot bitcoin ETF outflows recorded $242.53 million in net on Tuesday.</li> 
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<h5 class="wp-block-heading"><strong>Spot Bitcoin ETF outflows hit $242.53M on Tuesday, marking the largest outflows since early September. Fidelity’s FBTC led with $144.67M outflows.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/10/telegram-cloud-photo-size-5-6334849395077529747-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/10/telegram-cloud-photo-size-5-6334849395077529747-y-1024x576.jpg" alt="Spot Bitcoin ETF Outflows Hit Largest Level Since Early September" class="wp-image-285254"></a>
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<h2 class="wp-block-heading" id="strong-spot-bitcoin-etf-outflows-surge-to-242m-strong"><strong>Spot Bitcoin ETF Outflows Surge to $242M</strong></h2>  
<p>On Tuesday, spot bitcoin ETFs saw $242.53 million in outflows, marking the biggest since Sept 3, making it the eighth consecutive day of positive flows. Fidelity's FBTC led the outflows with $144.67 million followed by Ark and 21Shares' ARKB with $84.35 million in outflows.</p>  
<p>BlackRock's IBIT was the only bitcoin spot ETF to see inflows, which came in at $40.84 million. Total trading volume across such products rose to $2.53 billion from $1.37 billion in the prior session, according to SoSoValue&nbsp;<a href="https://sosovalue.xyz/assets/etf/us-btc-spot" rel="noopener noreferrer nofollow">data</a>.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/285115-spot-bitcoin-etfs-log-61-3m-inflows-streak/" target="_blank" data-type="link" data-id="https://coincu.com/285115-spot-bitcoin-etfs-log-61-3m-inflows-streak/" rel="noopener noreferrer nofollow">Spot Bitcoin ETFs Log $61.3M Inflows, Extending 8-Day Streak</a></strong></p>  
<h2 class="wp-block-heading" id="strong-ether-etfs-record-significant-outflows-amid-bitcoin-slump-strong"><strong>Ether ETFs Record Significant Outflows Amid Bitcoin Slump</strong></h2>  
<p>U.S.-listed ether spot ETFs continued to see outflows, which amounted to $48.52 million on Tuesday. Grayscale's Ethereum Trust had the most outflows, at $26.64 million, followed by Fidelity's FETH at $24.97 million, the largest on record.</p>  
<p>Only VanEck's ETHV and 21Shares' CETH reported inflows. Ether fell 5.89% during the day.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Spot Bitcoin ETF Outflows Hit Largest Level Since Early September

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