Bitcoin ETFs see $105 million outflow, ARK leads with $59.3 million loss Quick Take
Recent data from Farside highlights outflows in Bitcoin ETFsย totaling $105.3 million. Out of 11 ETF issuers, six experienced outflows, with ARK’s ARKB leading the way, losing $59.3 million. Fidelity’s FBTC saw a $10.4 million outflow, while Bitwise’s BITB and VanEck’s HODL lost $8.7 million and $10.1 million, respectively.
Grayscale’s products also experienced outflows, with $8.0 million and $8.8 million withdrawn from GBTC and BTC, respectively. Despite outflows over the past two trading days, BlackRock’s IBIT did not register any outflows. The cumulative total net inflow for Bitcoin ETFs remains positive at $17.85 billion.
On the other hand, Ethereum ETFs have shown a slight positive shift, registering their first inflow since Aug. 14, with $5.9 million coming in. However, Grayscale’s ETHE continued to see outflows, albeit at a reduced rate of $3.8 million. According to Farside data, the cumulative total net outflow for Ethereum ETFs stands at $475.7 million.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
Latest Insights
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$3,324.98
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).