Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
No Result
View All Result

Bitcoin ETFs Suffer $582 Million Net Outflow, Ether ETFs Bleed $159M

Altszn.com by Altszn.com
January 9, 2025
in Blockchain, Crypto, DeFi, Web3
0
Bitcoin ETFs Suffer $582 Million Net Outflow, Ether ETFs Bleed $159M
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter



Investors withdrew substantial amounts from the U.S.-listed spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) Wednesday as macroeconomic uncertainties cast a shadow over the cryptocurrencies’ price prospects.

Eleven bitcoin ETFs recorded a combined net outflow of $582 million, marking the second-largest total since these alternative investment vehicles began trading a year ago, according to data from SoSoValue. The large outflow comes shy of the record withdrawal of $680 million on Dec. 19.

Fidelity’s FBTC led the outflows, losing a record $258 million, with BlackRock’s IBIT bleeding $124 million.

Ether ETFs bled $159.3 million, the largest tally since July 26, when these public funds processed withdrawals worth $162 million.

These large outflows coincide with renewed U.S. inflation fears, which have fueled bond market volatility, sending risk assets lower. Over the past three days, bitcoin’s price has plummeted by nearly 8.5%, marking yet another bull failure to establish a foothold above the $100,000 mark.

Minutes from the Federal Reserve’s Dec. 18 meeting released Wednesday showed officials believed the central bank was nearing the point that called for a slowing policy-easing pace. The notes also revealed concerns about the inflationary impact of the incoming President Donald Trump’s policies.

Still, some analysts remain optimistic, expecting a renewed upswing following Friday’s nonfarm payrolls report.

“The U.S. employment report on Friday is highly anticipated by investors, as it will provide critical insights into the health of the U.S. economy. We expect limited volatility heading into the weekend and recommend maintaining a heavy exposure to digital assets, with a preference for Bitcoin over Ethereum,” Valentin Fournier, analyst at BRN said in an email.





Read More: www.coindesk.com

Tags: 159MBitcoinbleedDeFiETFsEtherMillionNetOutflowsuffer
ADVERTISEMENT

Recent

Blockchain security firm releases Cetus hack post-mortem report

Blockchain security firm releases Cetus hack post-mortem report

May 25, 2025
Bitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally

Bitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally

May 25, 2025
Monero breaks out as privacy demand surges post-Tornado Cash

Monero breaks out as privacy demand surges post-Tornado Cash

May 25, 2025

Categories

  • Bitcoin (4,631)
  • Blockchain (11,007)
  • Crypto (8,945)
  • Dark Web (477)
  • DeFi (8,202)
  • Ethereum (4,677)
  • Metaverse (7,063)
  • Monero (261)
  • NFT (1,230)
  • Solana (4,960)
  • Web3 (20,134)
  • Zcash (473)

Category

Select Category

    Advertise

    Advertise your site, company or product to millions of web3, NFT and cryptocurrency enthusiasts. Learn more

    Useful Links

    Advertise
    DMCA
    Contact Us
    Privacy Policy
    Shipping & Returns
    Terms of Use

    Resources

    Exchanges
    Changelly
    Web3 Jobs

    Recent News

    Blockchain security firm releases Cetus hack post-mortem report

    Blockchain security firm releases Cetus hack post-mortem report

    May 25, 2025
    Bitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally

    Bitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally

    May 25, 2025

    © 2022 Altszn.com. All Rights Reserved.

    No Result
    View All Result
    • Home
      • Home – Layout 1
      • Home – Layout 2
      • Home – Layout 3

    © Altszn.com. All Rights Reserved.

    • bitcoinBitcoin (BTC) $ 109,647.00
    • ethereumEthereum (ETH) $ 2,561.77
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.34
    • bnbBNB (BNB) $ 674.17
    • solanaSolana (SOL) $ 177.04
    • usd-coinUSDC (USDC) $ 0.999773
    • dogecoinDogecoin (DOGE) $ 0.226884
    • cardanoCardano (ADA) $ 0.762385
    • tronTRON (TRX) $ 0.272219
    • staked-etherLido Staked Ether (STETH) $ 2,557.15
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 109,530.00
    • hyperliquidHyperliquid (HYPE) $ 38.35
    • suiSui (SUI) $ 3.62
    • wrapped-stethWrapped stETH (WSTETH) $ 3,080.70
    • chainlinkChainlink (LINK) $ 15.71
    • avalanche-2Avalanche (AVAX) $ 23.41
    • stellarStellar (XLM) $ 0.287419
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • bitcoin-cashBitcoin Cash (BCH) $ 425.30
    • leo-tokenLEO Token (LEO) $ 8.89
    • hedera-hashgraphHedera (HBAR) $ 0.189097
    • moneroMonero (XMR) $ 413.66
    • the-open-networkToncoin (TON) $ 2.99
    • litecoinLitecoin (LTC) $ 96.17
    • wethWETH (WETH) $ 2,564.61
    • usdsUSDS (USDS) $ 0.999828
    • polkadotPolkadot (DOT) $ 4.56
    • bitget-tokenBitget Token (BGB) $ 5.41
    • wrapped-eethWrapped eETH (WEETH) $ 2,737.87
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • pepePepe (PEPE) $ 0.000014
    • pi-networkPi Network (PI) $ 0.788978
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 32.40
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 109,757.00
    • aaveAave (AAVE) $ 270.32
    • bittensorBittensor (TAO) $ 438.50
    • daiDai (DAI) $ 1.00
    • uniswapUniswap (UNI) $ 6.17
    • nearNEAR Protocol (NEAR) $ 2.81
    • aptosAptos (APT) $ 5.35
    • jito-staked-solJito Staked SOL (JITOSOL) $ 213.30
    • okbOKB (OKB) $ 52.38
    • ondo-financeOndo (ONDO) $ 0.954941
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • crypto-com-chainCronos (CRO) $ 0.096534
    • internet-computerInternet Computer (ICP) $ 5.30
    • kaspaKaspa (KAS) $ 0.107329
    • ethereum-classicEthereum Classic (ETC) $ 18.48
    • bitcoinBitcoin (BTC) $ 109,647.00
    • ethereumEthereum (ETH) $ 2,561.77
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.34
    • bnbBNB (BNB) $ 674.17
    • solanaSolana (SOL) $ 177.04
    • usd-coinUSDC (USDC) $ 0.999773
    • dogecoinDogecoin (DOGE) $ 0.226884
    • cardanoCardano (ADA) $ 0.762385
    • tronTRON (TRX) $ 0.272219
    • staked-etherLido Staked Ether (STETH) $ 2,557.15
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 109,530.00
    • hyperliquidHyperliquid (HYPE) $ 38.35
    • suiSui (SUI) $ 3.62
    • wrapped-stethWrapped stETH (WSTETH) $ 3,080.70
    • chainlinkChainlink (LINK) $ 15.71
    • avalanche-2Avalanche (AVAX) $ 23.41
    • stellarStellar (XLM) $ 0.287419
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • bitcoin-cashBitcoin Cash (BCH) $ 425.30
    • leo-tokenLEO Token (LEO) $ 8.89
    • hedera-hashgraphHedera (HBAR) $ 0.189097
    • moneroMonero (XMR) $ 413.66
    • the-open-networkToncoin (TON) $ 2.99
    • litecoinLitecoin (LTC) $ 96.17
    • wethWETH (WETH) $ 2,564.61
    • usdsUSDS (USDS) $ 0.999828
    • polkadotPolkadot (DOT) $ 4.56
    • bitget-tokenBitget Token (BGB) $ 5.41
    • wrapped-eethWrapped eETH (WEETH) $ 2,737.87
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • pepePepe (PEPE) $ 0.000014
    • pi-networkPi Network (PI) $ 0.788978
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • whitebitWhiteBIT Coin (WBT) $ 32.40
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 109,757.00
    • aaveAave (AAVE) $ 270.32
    • bittensorBittensor (TAO) $ 438.50
    • daiDai (DAI) $ 1.00
    • uniswapUniswap (UNI) $ 6.17
    • nearNEAR Protocol (NEAR) $ 2.81
    • aptosAptos (APT) $ 5.35
    • jito-staked-solJito Staked SOL (JITOSOL) $ 213.30
    • okbOKB (OKB) $ 52.38
    • ondo-financeOndo (ONDO) $ 0.954941
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • crypto-com-chainCronos (CRO) $ 0.096534
    • internet-computerInternet Computer (ICP) $ 5.30
    • kaspaKaspa (KAS) $ 0.107329
    • ethereum-classicEthereum Classic (ETC) $ 18.48